The Walt Disney Company is one of the largest media and entertainment corporations in the world. Founded on October 16, 1923 by brothers Walt and Roy Disney as a small animation studio, it became one of the largest Hollywood studios and also owns eleven theme parks, two water parks and several television networks, including the American Broadcasting Company (ABC).
Disney's corporate headquarters and primary production facilities are located in California at the Walt Disney Studios.
The company is a component of the Dow Jones Industrial Average.
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