Walt Disney Studios, also known as Disney Studios, a privately owned entity headquartered in the US, operates as a subsidiary of The Walt Disney Company. Founded in 1923, with approximately 7,000 employees, the company reported $7.7B in revenue as of 2024, with its main product being live events. The company specializes in content creation, production, promotion, sales, acquisition, and domestic and international distribution. Its operations encompass content from various sub-brands such as Disney, Walt Disney Animation Studios, Disneynature, and Touchstone Pictures, alongside the activities of its numerous subsidiaries including 20th Century Studios, Disney Research, Disney Television Animation, Disney's StudioLAB, Lucasfilm, Marvel Entertainment, Pixar Animation Studios, and Searchlight Pictures.