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Disney – as the Disney Brothers Cartoon Studio, and established itself as a leader in the American animation industry before diversifying into live-action film production, television, and theme parks.The company also operated under the names The Walt Disney Studio and then Walt Disney Productions.With limited staff and little operating capital during and after the war, Disney's feature films during much of the 1940s were "package films", or collections of shorts, such as The Three Caballeros (1944) and Melody Time (1948), which performed poorly at the box office.At the same time, the studio began producing live-action films and documentaries.Other early all-live-action Disney films included The Story of Robin Hood and His Merrie Men (1952), The Sword and the Rose (1953), and 20,000 Leagues Under the Sea (1954).
Taking three years to complete, Snow White and the Seven Dwarfs, premiered in December 1937 and by 1939 became highest-grossing film of that time.Song of the South (1946) and So Dear to My Heart (1948) featured animated segments, while the True-Life Adventures series, which included such films as Seal Island (1948) and The Vanishing Prairie (1954), were also popular.Eight of the films in the series won Academy Awards.Taking on its current name in 1986, it expanded its existing operations and also started divisions focused upon the theater, radio, music, publishing and online media.
In addition, Disney has since created corporate divisions in order to market more mature content than is typically associated with its flagship family-oriented brands.
Disney also owns and operates the ABC broadcast television network; cable television networks such as Disney Channel, ESPN, A E Networks, and Freeform; publishing, merchandising, music, and theater divisions; and owns and licenses 14 theme parks around the world. Walt and Roy Disney formed Disney Brothers Cartoon Studio that same year. Disney completed 26 Oswald shorts before losing the contract in February 1928, due to a legal loophole, when Winkler's husband Charles Mintz took over their distribution company.