Walt Disney Studio

Walt Disney studio was named after Walt Disney, he began his career as a gifted animator he founded a smaller studio called Laugh O Gram films in Kansas City and went on to producing a series of cartoons based on fables and fairy tales from 1921. This studio was very short lived as thanks to predatory business deals and his own inexperience he became bankrupt practically before he released any of his cartoons.

The Walt Disney company started in 1923 in a small office in Los Angeles, it was there, Walt Disney and his brother produced a series of short live action animated films collectively called the Alice Comedies. Disney has been running for 97years. 

Today Walt Disney studios are located in Burbank, California this is their main headquarters. Disney isn't owned by the family anymore, they are in fact owned by multiple corporations with the largest shareholder being Vanguard group Inc. 

Disney is a massive Conglomerate as they own many other large companies, Disney owns 4/5 of the dominant top 5 film studios, including Disney, the other massive conglomerates Disney owns are, Warners Brothers, Universal studios and Paramount.

These are the top Box office Hits from Disney, in order of most gross profit earned. 

1. Avengers: Endgame. $2,797,501,328

2. Star Wars: Episode VII - The Force Awakens. $2,070,828,263

3. Avengers: Infinity War. $2,048,359,754

4. The Lion King. $1,670,719,887

5. The Avengers. $1,518,815,515

The biggest budget movies from Disney this this year was Shang-Chi and the legend of the ten rings, which had a production cost of 200million and a net gross of 212million. The next highest grossing movie was Black Widow, which had a production cost of 500million, and a gross of 400million. Finally F9 the Fast Saga is the second highest grossing movie this year, with a box office of 716million made with a budget of 200million. 

Disney has movies in production for the next 10 years, 20 movies from Disney are already in development, including upcoming blockbusters like Dune. 

One advantage of Disney being a big institution is that they don't have to take risks they can use above the line costs, as they are known everywhere with access to A class actors, locations and more. Furthermore, Disney has multiple sources of income, from merchandise alone they made $8billion from cars. They also have marketing exhibition, this is due to them distributing their product on their own website, this website is called Disney Plus. Disney Plus is a massive success for this company due to the amount of users after reaching their 5 year target which was 95million only in only one year.