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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, theme parks and resorts, consumer products, and media networks. Disney is also a major player in the music industry, owning several record labels and music publishing companies. The company's history can be divided into four eras: the Golden Age of Animation (1923-1941), the Post-War Era (1942-1966), the Renaissance Era (1984-1994), and the Modern Era (1995-present).