
	The Walt Disney Company, commonly known as&nbsp;Disney, is an American diversified&nbsp;multinational&nbsp;mass media&nbsp;corporation headquartered in Walt Disney Studios,&nbsp;Burbank, California. It is the largest media conglomerate in the world in terms of revenue. Disney was founded on October 16, 1923, by&nbsp;Walt&nbsp;and&nbsp;Roy Disney&nbsp;as the&nbsp;Disney Brothers Cartoon Studio, and established itself as a leader in the American animation industry before diversifying into live-action film production, television, and travel. Taking on its current name in 1986, it expanded its existing operations and also started divisions focused upon theater, radio, music, publishing, and&nbsp;online media. In addition, Disney has created new divisions of the company in order to market more mature content than it typically associates with its flagship family-oriented brands.
