The Walt Disney Company 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 was founded on October 16, 1923, by brothers Walt and Roy O. Disney as a cartoon studio. Disney has evolved into a major force in the entertainment industry, producing films and television programs, operating theme parks and resorts, publishing books and magazines, and merchandising a wide range of products. The company is best known for its flagship character, Mickey Mouse, and its animated films, which have won numerous Academy Awards. Disney also owns and operates a number of theme parks and resorts around the world, including Disneyland Park, Walt Disney World Resort, and Tokyo Disney Resort.
