Walt Disney World, a privately owned company based in the US, was founded in 1971 and employs approximately 25,600 people. It operates as a subsidiary of Disney Experiences, with Disney Sports/ESPN Wide World of Sports listed among its subsidiaries. The company functions as an entertainment resort featuring four theme parks including the Magic Kingdom Park, Epcot, Disney's Hollywood Studios, and Disney's Animal Kingdom Theme Park. Its facilities also encompass more than 20 hotels, two water parks, and recreational amenities such as championship golf courses and a 200-acre sports complex.

Revenue

Founded

1971

Headcount

25,600

Headquarters

US

Primary Segment

Entertainment Providers

Ownership

Privately Owned

News Summary:

On February 19, 2026, the Test Track attraction at EPCOT closed following extended downtime and repeated mechanical failures, leading to longer-than-posted standby wait times. Previously, on February 18, the My Disney Experience app altered its process for advanced dining reservations, redirecting guests to a separate browser rather than processing them within the app. Also on February 18, Cinderella Castle at Magic Kingdom Park continued its restoration to its original blue-and-gray color scheme, a project Walt Disney World Resort announced on August 31, 2025. Earlier that day, Walt Disney World Resort filed a construction permit for an upcoming splash pad and water park area at Disney’s Port Orleans Resort – French Quarter, indicating a future closure for that specific resort area. This followed news that updates are coming to an interactive attraction at EPCOT, marking an expansion seven years after the COVID-19 pandemic led to the indefinite shelving of several planned additions for the resort’s 50th-anniversary in 2021.
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