Walt Disney Studios (division) in the context of "Searchlight Pictures"

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⭐ Core Definition: 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 largest film studio in Hollywood, 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.

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.

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In this Dossier

Walt Disney Studios (division) in the context of Hollywood, Los Angeles

Hollywood, sometimes informally called Tinseltown, is a neighborhood and district in the central region of Los Angeles, California. Its name has become synonymous with the U.S. film industry and the people associated with it. Many notable film studios such as Sony Pictures, Walt Disney Studios, Paramount Pictures, Warner Bros., and Universal Pictures are located in or near Hollywood.

Hollywood was incorporated as a municipality in 1903. The northern and eastern parts of the neighborhood were consolidated with the City of Los Angeles in 1910. Soon thereafter, the prominent film industry migrated to the area.

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Walt Disney Studios (division) in the context of Walt Disney Studios (Burbank)

The Walt Disney Studios, located in Burbank, California, United States, serves as the corporate headquarters for the Walt Disney Company. The 51-acre (20.6 ha) studio lot also contains several sound stages, a backlot, and other filmmaking production facilities for Walt Disney Studios's motion picture production. The complex also houses the offices for many of the company's units, including the film and TV studios Walt Disney Pictures, Walt Disney Animation Studios, ABC, Disney Channel, Freeform, and Marvel Studios; the units of 20th Century Studios, 20th Television, Searchlight Pictures and FX Networks are set to move to this location from Century City at the end of 2025.

Walt Disney used the earnings from the successful release of Snow White and the Seven Dwarfs to finance the construction of the Burbank studio. Disney is the only major film studio out of the Big Five that does not currently offer regular tours of their studio lot to the general public. Since the mid-2000s, Adventures by Disney has offered tours of the studio, but only as an integral component of their Southern California tour package. The other way to tour the studio is to join the official Disney D23 fan club, which offers tours to members every few months. The studio used to open to the public once a year in November on the Saturday before Thanksgiving (with some exceptions) for its annual Magical Holiday Faire craft sale, but stopped hosting the Faire around 2003. As an aid to visitors, many buildings on the Disney lot are currently marked with identifying signs that include historical information and trivia about each site.

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Walt Disney Studios (division) in the context of Bob Iger

Robert Alan Iger (/ˈɡər/; born February 10, 1951) is an American media executive who is chief executive officer (CEO) of the Walt Disney Company. He previously was the president of the American Broadcasting Company (ABC) between 1994 and 1995 and president and chief operating officer (COO) of Capital Cities/ABC, from 1995 until its acquisition by Disney in 1996. Iger was named president of Disney in 2000 and succeeded Michael Eisner as CEO in 2005, until his contract expired in 2020. He then was executive chairman until his formal retirement from the company on December 31, 2021. At the request of Disney's board of directors, Iger returned to Disney as CEO on November 20, 2022, following the dismissal of his appointed successor, Bob Chapek. In July 2023, Disney renewed Iger's contract until 2026.

Considered a highly effective and visionary media executive, Iger was able to broaden Disney's roster of intellectual properties, expanded its presence in international markets, and oversaw an increase of the company's market capitalization from $56 billion to $231 billion during his initial 15-year stewardship of the company. He led the major acquisitions of Pixar in 2006 for $7.4 billion, Marvel Entertainment in 2009 for $4 billion, Lucasfilm in 2012 for $4.06 billion, and the entertainment assets of 21st Century Fox in 2019 for $71.3 billion. Iger also expanded the company's theme park resorts presence in East Asia, with the introduction of Hong Kong Disneyland Resort and Shanghai Disney Resort in 2005 and 2016, respectively. He was a driving force behind the reinvigoration of Walt Disney Animation Studios, the branded-release strategy of its film studio's output, and the company's increased investment in its direct-to-consumer businesses, including Disney+ and Hulu.

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Walt Disney Studios (division) in the context of Pixar

Pixar (/ˈpɪksɑːr/), doing business as Pixar Animation Studios, is an American animation studio based in Emeryville, California, known for its critically and commercially successful computer-animated feature films. Pixar is a subsidiary of Walt Disney Studios, a division of the Disney Entertainment segment of the Walt Disney Company.

Pixar started in 1979 as part of the Lucasfilm computer division. It was known as the Graphics Group before its spin-off as a corporation in 1986, with funding from Apple co-founder Steve Jobs, who became its majority shareholder. Disney announced its acquisition of Pixar in January 2006, and completed it in May 2006. Pixar is best known for its feature films, technologically powered by RenderMan, the company's own implementation of the industry-standard RenderMan Interface Specification image-rendering API. The studio's mascot is Luxo Jr., a desk lamp from the studio's 1986 short film of the same name.

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Walt Disney Studios (division) in the context of Lucasfilm

Lucasfilm Ltd. LLC is an American film and television production company founded by filmmaker George Lucas in December 10, 1971 in San Rafael, California, and later moved to San Francisco in 2005. It is best known for creating and producing the Star Wars and Indiana Jones franchises, as well as its leadership in developing special effects, sound, and computer animation for films. Since 2012, Lucasfilm has been a subsidiary of The Walt Disney Studios, who also owns former Lucasfilm subsidiary Pixar.

The company's films Star Wars: Episode I – The Phantom Menace (1999), Star Wars: Episode VII — The Force Awakens (2015), Rogue One: A Star Wars Story (2016), Star Wars: Episode VIII — The Last Jedi (2017), and Star Wars: Episode IX — The Rise of Skywalker (2019) are all among the 50 highest-grossing films of all time, with The Force Awakens becoming the highest-grossing film in the United States and Canada. On October 30, 2012, Disney acquired Lucasfilm for $4.05 billion in the form of cash and in stock (equivalent to about $6 billion today). Lucasfilm is currently one of five live-action film studios within the Walt Disney Studios, alongside Walt Disney Pictures, Marvel Studios, 20th Century Studios and Searchlight Pictures.

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Walt Disney Studios (division) in the context of Mary Poppins (film)

Mary Poppins is a 1964 American live-action animated musical fantasy comedy film directed by Robert Stevenson and produced by Walt Disney, with songs written and composed by the Sherman Brothers. The screenplay is by Bill Walsh and Don DaGradi, based on P. L. Travers's book series Mary Poppins. The film, which combines live-action and animation, stars Julie Andrews, in her feature film debut, as Mary Poppins, who visits a dysfunctional family in London and employs her unique brand of lifestyle to improve the family's dynamic. Dick Van Dyke, David Tomlinson, and Glynis Johns are featured in supporting roles. The film was shot entirely at the Walt Disney Studios in Burbank, California, using painted London background scenes.

Mary Poppins was released on August 27, 1964, to universal critical acclaim and commercial success, earning $44 million in theatrical rentals in its original run. It became the highest-grossing film of 1964 in the United States, and at the time of its release became Disney's highest-grossing film. During its theatrical lifetime, it grossed over $103 million worldwide. It received a total of thirteen Academy Award nominations—a record for any film released by Walt Disney Studios—including Best Picture, and won five: Best Actress for Andrews, Best Film Editing, Best Original Music Score, Best Visual Effects, and Best Original Song for "Chim Chim Cher-ee". In 2013, it was selected for preservation in the United States National Film Registry by the Library of Congress as being "culturally, historically, or aesthetically significant."

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Walt Disney Studios (division) in the context of Major film studios

Major film studios are production and distribution companies that release a substantial number of films annually and consistently command a significant share of box office revenue in a given market. In the American and international markets, the major film studios, often known simply as the majors or the Big Five studios, are commonly regarded as the five diversified media conglomerates whose various film production and distribution subsidiaries collectively command approximately 80 to 85% of American box office revenue. The term may also be applied more specifically to the primary motion picture business subsidiary of each respective conglomerate.

Since the dawn of filmmaking, the major American film studios have dominated both American cinema and the global film industry. American studios have benefited from a strong first-mover advantage in that they were the first to industrialize filmmaking and master the art of mass-producing and distributing high-quality films with broad cross-cultural appeal. Today, the Big Five majors – Universal Pictures, Paramount Pictures, Warner Bros., Walt Disney Studios, and Sony Pictures – routinely distribute hundreds of films every year into all significant international markets (that is, where discretionary income is high enough for consumers to afford to watch films). The majors enjoy "significant internal economies of scale" from their "extensive and efficient [distribution] infrastructure," while it is "nearly impossible" for a film to reach a broad international theatrical audience without being first picked up by one of the majors for distribution. Today, all the Big Five major studios are also members of the Motion Picture Association (MPA) and the Alliance of Motion Picture and Television Producers (AMPTP).

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Walt Disney Studios (division) in the context of Fox Entertainment Group

The Fox Entertainment Group (FEG) was an American entertainment company specialized in filmed entertainment owned by 21st Century Fox. Following the acquisition of 21st Century Fox by Disney, the group's assets were dispersed to various Disney units. The film studios 20th Century Fox (now known as 20th Century Studios), Fox Searchlight Pictures (now known as Searchlight Pictures) and Fox 2000 Pictures were transferred to Walt Disney Studios, while Fox Star Studios (now known as Star Studios) was transferred to Disney India.

Its former owner, 21st Century Fox, previously known as News Corporation, had acquired all the stock of Fox Entertainment Group in 2005. In 2013, News Corporation was renamed 21st Century Fox, and its publishing assets were spun off into the newly formed News Corp as part of a corporate reorganization.

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Walt Disney Studios (division) in the context of Walt Disney Pictures

Walt Disney Pictures is an American film production company and subsidiary of the Walt Disney Studios, a division of Disney Entertainment, which is owned by the Walt Disney Company. The studio is the flagship producer of live-action feature films within the Walt Disney Studios unit and is based at the Walt Disney Studios in Burbank, California. Animated films produced by Walt Disney Animation Studios and Pixar Animation Studios are also released under the studio banner. Walt Disney Studios Motion Pictures distributes and markets the films produced by Walt Disney Pictures.

Disney began producing live-action films in the 1950s. The live-action division became Walt Disney Pictures in 1983, when Disney reorganized its entire studio division, which included the separation from the feature animation division and the subsequent creation of Touchstone Pictures. At the end of that decade, combined with Touchstone's output, Walt Disney Pictures elevated Disney to one of Hollywood's major film studios.

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