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2017 | OriginalPaper | Chapter

10. Making People Happy: The Case of the Walt Disney Company

Authors : Kai-Ingo Voigt, Oana Buliga, Kathrin Michl

Published in: Business Model Pioneers

Publisher: Springer International Publishing

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Abstract

The Walt Disney Company was founded by Walter and Roy Disney in Hollywood in 1923, initially under the name Disney Brother Cartoon Studio. One year before the company was founded, only about one in five cinemas offered cartoons in their program—yet Walt Disney saw a real market potential for cartoon entertainment. Throughout the early years of the company, Walt Disney realized the future impact of color and sound on animation, and became one of the most prominent examples of how to build a successful business model around brand-new technologies. Disney was the first to produce a feature-length animated film (“Snow White and the Seven Dwarfs”, 1937) against all public skepticism, and pioneered television shows and theme parks, alongside with running a merchandise business. The company subsequently massively diversified over the years. Starting as a small animation studio, Walt Disney has evolved to a multinational media and entertainment group.

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Metadata
Title
Making People Happy: The Case of the Walt Disney Company
Authors
Kai-Ingo Voigt
Oana Buliga
Kathrin Michl
Copyright Year
2017
DOI
https://doi.org/10.1007/978-3-319-38845-8_10

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