The film industry- Walt Disney

                                             

Walt Disney was origionally owned by Walt and the Disney family starting in 1923 meaning it has been running for 98 years, but now has been over taken by many co-operations, the biggest being Vanguard Group inc., owning 127 million shares. Other holders include the likes of BlackRock inc and State Street corp. These companies also all own and invest in other companies helping Walt Disney as they can use this extra income to invest more into the Disney company.

Walt Disney became well known in 1928 when the Mickey Mouse cartoons were produced starting with the first one named 'Steamboat willie' and finished in 1953 called 'The Simple Thing'. These included the characters of Mickey, Minney, Donald duck, goofy, Pluto and more which became a huge sensation leading to international popularity for multiple years. These were such a hit that some extra short ones were released from 1983 to 2013.

Walt Disneys main headquarters is in Burbank,California in the United states but also has 10 other office  locations based across 8 other countries including France, India and Japan etc.

Disneys biggest box office successes include:

1.avengers endgame, released in 2019 with an gross of $2,797,800,564 and a budget of $356 million.

2.star wars ep VII: the force awakens, released in 2015 with an gross of $2,064,615,817 and a budget of $306 million.

3.Avengers: infinity war, released in 2018 with an gross of $2,044,540,523 and a budget of $316 million.

4.The lion king, released in 2019 with an gross of $1,654,367,425

5. the avengers, released in 2012 with an gross of $1,670,719,887

Does Disney work with the same actors and directors?

Disney works with different actors and the same depending on how relevant they are. They preferably go for A-list actors such as Zendaya, Chris Hemsworth and Tom Holland as this helps to reach an international audience as everyone knows who they are which increases their revenue.

Disney also has a group of directors they use for specific films depending on their strengths and genre they specifiy in. For example, Thomas Schumacher is one of the theatrical producers where as John Lasseter is a film director, animator and producer.

 They currently have 13 films in pre production including:

• The Marvels 
• Blade
• Hocus Pocus 2 
• Peter pan and Wendy 
•  matched

They have 8 films in production including:

• Ant man and the wasp
• Indiana jones 5 
• Lightyear 
• Thor: love and thunder 
• Ponochio 

They have 6 films in postproduction including:

• The little mermaid
• Turning red
• Disenchanted
• Home sweet Home alone 
• Sneakerella 

Being such a big institution is an advantage as you have more financial freedom meaning budgets can be bigger creating a more likely chance of sucssesful films creating even more income nationally and internationally.This then allows the institustion to buy other companies for example Disney own Marvel, Pixar, 20th century fox, ABC, fox, National geographic, Hulu and many more. Which will eventually lead to Disney owning most films made and allows for a wider audience range from as they have action films made by marvel to animation made by Pixar.

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