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Iger said he would stay with the company as an executive chairmen until December 31, 2021, to help with its creative strategy. อนิเมะจีน In April, Iger resumed operational duties as executive chairman to help the company during the COVID-19 pandemic, and Chapek was appointed to the board of directors. During the pandemic, Disney closed all of its theme parks, delayed the release of several movies, and stopped all operations on its cruise line. Due to the closures, Disney announced it would stop paying 100,000 employees but would still provide full healthcare benefits, and urged U.S. employees to apply for government benefits, saving the company $500 million a month.
CEO Iger described it as "strategically positioning our businesses for the future" while according to The New York Times, the reorganization was done in expectation of the 21st Century Fox purchase. In January 1926, the Disney studio on Hyperion Street was completed, and Disney Brothers Studio's name was changed to Walt Disney Studio. After producing several Alice films for the next four years, Winkler handed the role of distributing films to her husband Charles Mintz.
Roy Disney tried to persuade the company's main distributors to invest in the studio and to secure more production funds for the studio, which could no longer afford to offset production costs with employee layoffs, but was unsuccessful. During the premiere of The Reluctant Dragon , Disney's fourth film, Robert Benchley toured the company's studio; protesters from the strike arrived and the film was $100,000 short of its production cost. It became the highest-grossing film of all time up to that point, grossing $8 million equivalent to $150,796,296 in 2021; after several re-releases, the film grossed a total of $998,440,000 in the U.S. adjusted for inflation. After the profits of Snow White and the Seven Dwarfs, Disney financed the construction of a new studio complex of 51 acres (20.6 ha) in Burbank, California, which the company fully moved into in 1940.
On July 24, Walt Disney's World on Ice, a two-year tour of ice shows featuring Disney charters, made its premiere at the Brendan Byrne Meadowlands Arena after Disney licensed its characters to Feld Entertainment. The same month, Disney's animated film The Fox and the Hound was released and became the highest-grossing animated film to that point at $39.9 million. It was the company's first film that did not involve Walt and was the last major work done by Disney's Nine Old Men, who were replaced with younger animators.
On June 15 the same year, The Lion King was released and was a massive success, becoming the second-highest-grossing film of all time behind Jurassic Park and the highest-grossing animated film of all time, with a gross total of $968.5 million. It was critically praised and garnered two Academy Awards—Best Score and Best Song for "Can You Feel the Love Tonight". Soon after its release, Katzenberg left the company after Eisner refused to promote him to president. After leaving, he co-founded film studio DreamWorks SKG. Wells was later replaced with one of Eisner's friends Michael Ovitz on August 13, 1995. In 1994, Disney wanted to buy one of the major U.S. television networks ABC, NBC, or CBS, which would give the company guaranteed distribution for its programming.
After United Artists attempted to attain future television rights to the Disney shorts, Walt signed a distribution contract with RKO Radio Pictures on March 2, 1936. Walt Disney Productions exceeded its original budget of $150,000 for Snow White and the Seven Dwarfs by ten times; it production eventually cost the company $1.5 million. In early February 2012, Disney completed its acquisition of UTV Software Communications, expanding its market further into India and the rest of Asia.
Construction on the park began on July 12, 1954; Walt wanted it to be completed by 1955, with storytelling attractions and areas, as well as being clean and perfect. Disney is one of the biggest and best-known companies in the world, and has been ranked number 53 on the 2022 Fortune 500 list of biggest companies in the United States by revenue. Since its founding, the company has won 135 Academy Awards, 26 of which have been awarded to Walt. The company has been said to have produced some of the greatest films of all time, as well as revolutionizing the theme park industry. Disney has been criticized for supposed plagiarism, depicting racial stereotypes in the past, and both including and lacking LGBT-related elements in its films.
In 1943, following the trip to South America, the studio made Saludos Amigos and The Three Caballeros; the two films are package films, several short cartoons grouped together to make a feature film. Disney made more package films, including Make Mine Music , Fun and Fancy Free , Melody Time , and The Adventures of Ichabod and Mr. Toad , to try to recover from its financial losses. The studio started production on less-expensive live-action films with a mixture of animation, starting with Song of the South which became Disney's most controversial film. Because the company was short of money, in 1944, it planned to re-release its feature films to create much-needed revenue. In 1948, Walt Disney Studio began the nature documentary series,True-Life Adventures, which ran until 1960 and won eight Academy Awards.
The company has won 16 Academy Awards for Best Animated Short Film, 16 for Best Original Song, 15 for Best Animated Feature, 11 for Best Original Score, 5 for Best Documentary Feature, 5 for Best Visual Effects, and several others as well special awards. Disney has also won 29 Golden Globe Awards, 51 British Academy of Film and Television Arts awards, and 36 Grammy Awards as of 2022. Pixar had been making films with Disney from 1995 to 2005, until Disney bought them out in 2006 as one of their subsidiaries. Walt Disney Animation Studios’ original action-packed comedy adventure, “Strange World,” introduces us to three generations of the legendary Clade family as they attempt to band together and navigate an uncharted, treacherous land beneath their world. “Strange World” is helmed by director Don Hall and co-director/writer Qui Nguyen, and produced by Roy Conli. Celebrate Disney’s 100th Anniversary and add 10 curated classic Mickey & Minnie shorts, featuring all-new introductions from Mickey & Minnie, to your family’s Disney collection.
The Walt Disney Company is one of the world's largest entertainment companies and is considered to be a pioneer in the animation industry, having produced 790 features, 122 of which are animated films. Many of their films are considered to be the greatest of all time, including Pinocchio, Toy Story, Bambi, Ratatouille, Snow White and the Seven Dwarfs, and Mary Poppins. Disney has also created some of the most influential and memorable fictional characters of all time, such as Mickey Mouse, Woody, Captain America , Jack Sparrow, Iron Man , and Elsa. In 1977, Disney released the successful animated film The Rescuers, which grossed $48 million at the box office.
In September, Disney partnered with News Corporation and NBCUniversal in a deal in which all parties would obtain 27% equity in streaming service Hulu, and Disney added ABC Family and Disney Channel to the streaming service. On December 16, Roy E. Disney died of stomach cancer; he was the last member of the Disney family to work for Disney. In March 2010, Haim Saban reacquired from Disney the Power Rangers franchise, including its 700-episode library, for around $100 million. Shortly after, Disney sold Miramax Films to an investment group headed by Ronald Tutor for $660 million.
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