The Walt Disney Company: Company Information
The Walt Disney Company is one of the largest entertainment industry corporations in the world. Founded on October 16, 1923 by the brothers Walter and Roy Disney as a small animation studio, it is currently one of the largest Hollywood studios, the owner of 11 theme parks and two water parks, as well as several broadcasting networks, including the American Broadcasting Company (Hey BBC) and the Disney Channel, ESPN, A + E Networks, and ABC Family cable channels.
Walt Disney’s headquarters and core manufacturing facilities are located at Walt Disney Studios in Burbank, California, USA. Walt Disney Company is part of the Dow Jones Industrial Average. Market capitalization on November 20, 2006 – about 69 billion dollars.
Opportunities for the trader
The company Walt Disney has formed a large portfolio of quite attractive and very popular characters. The recent purchase of Lucas Arts and the Star Wars brand and the positive long-term dynamics of Disney’s stock appeal to long-term long positions.