Walt Disney Studios (division)
The Walt Disney Studios is a major division of the Disney Entertainment business segment of The Walt Disney Company best known for housing its multifaceted film studio divisions. Founded on October 16, 1923, and based mainly at the namesake studio lot in Burbank, California, it is the seventh-oldest global film studio and the fifth-oldest in the United States, a member of the Motion Picture Association (MPA) and one of the "Big Five" major film studios.
| Formerly | Buena Vista Motion Pictures Group (1998–2007) |
|---|---|
| Company type | Division |
| Industry | Entertainment |
| Predecessor |
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| Founded | October 16, 1923 |
| Headquarters | Walt Disney Studios, , |
Number of locations | 8 (2019) |
Area served | Worldwide |
Key people | Alan Bergman (chairman) |
| Products | |
| Services | Film production |
| Parent | Disney Entertainment |
| Divisions | Walt Disney Animation Studios |
| Subsidiaries | |
| Website | disneystudios.com |
| Footnotes / references | |
The Walt Disney Studios has prominent film production companies including Walt Disney Pictures, Walt Disney Animation Studios, Pixar, Marvel Studios, Lucasfilm, 20th Century Studios and Searchlight Pictures. Walt Disney Studios Motion Pictures distributes and markets the majority of the content produced by these studios for both theatrical exhibition and the company's streaming services. In 2019, Disney posted an industry record of $13.2 billion at the global box office. The studio owns eight of the top ten highest-grossing films of all time worldwide, and several of the highest-grossing film franchises of all time.