The Walt Disney Company, founded on October 16, 1923, by brothers Walt and Roy O. Disney, is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios in Burbank, California. It is the world's largest diversified entertainment company in terms of revenue and has been called "the most powerful media company in the world". The company is primarily known for its film and television production and distribution, theme parks and resorts, consumer products, and media networks. Disney is also involved in the music industry, Broadway theater, and video games. The company has annual revenue of over $67 billion and employs approximately 200,000 people worldwide.
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