The Walt Disney Company, abbreviated Disney, is one of the world’s largest entertainment media and production houses. It all started On October 16, 1923, Disney Company was founded, one of the most important in the history of animated films. It was originally called Disney Brothers Cartoon Studio, and was founded by brothers Walt and Roy Disney.
At the time of the founding of the said company, Walt Disney was only 21 years old, while Roy was at a much more mature age of a full 30 years.
Roy Oliver Disney was an American businessman who co-founded Walt Disney Productions with his younger brother Walter Elias Disney; the company is known today as The Walt Disney Company.
Born in Illinois, Roy grew up giving along with his brother a newspaper for their father. After graduating from high school, he quit the job of delivering newspapers and did several jobs over the next few years, including on the farm and at the bank. Roy enlisted in the U.S. Navy in 1917, but was discharged two years later when he was diagnosed with tuberculosis. In 1923, the brothers founded Disney Bros. Studio. While Walt was the company’s creative boss, Roy was in charge of the financial side of the business. In 1929, he became the first CEO of (unofficially) Disney. After Walt’s death in 1966, Roy decided to postpone retirement until the construction of Walt Disney World was completed.
Childhood and early life
Born June 24, 1893, in Chicago, Illinois, U.S. state, Roy Disney was one of five children of Irish-Canadian Elias Charles Disney and Anglo-German-American Flora Call Disney. He was a middle child, younger than brothers Herbert Arthur and Raymond Arnold, but older than sisters Ruth Flora and Walt. The family first moved to Marceline, Missouri, in 1896, and later to Kansas City in 1911.
Shortly after moving to Kansas City, Elias purchased a newspaper delivery route for The Kansas City Star. Both Roy and Walt worked there. After graduating from Kansas City High School in 1912, he left the family business and worked on a farm for the summer.
Early career
After being employed on a farm this summer, Roy Disney was hired by the First National Bank of Kansas City to work as a clerk. His older brother Raymond was also employed there. He served in the U.S. Navy from 1917 to 1919, but received discharge papers when he was diagnosed with tuberculosis.
Roy returned to civilian life and began working as a banker in Los Angeles. Walt came to town in 1923, and the brothers subsequently founded Studio Disney Bros. They also set up their homes side by side on Lyric Avenue in the Los Feliz neighborhood of Los Angeles. They co-founded Disney Studios, but Walt bought most of Roy 's stake in 1929.
Despite this, his role was an equal partner in all aspects of the company.
Roy took over as CEO of the company in 1929, but did not officially accept the title until 1968. He and Walt served as co-chairs of the board since 1945. 1960. Walt resigned in order to devote himself entirely to the creative side of the business.
Walt Disney died on December 15, 1966 at the age of 65. Roy subsequently decided not to retire immediately so he could oversee the construction of the resort and theme park. The project was known as Disney World at the time, but Roy later changed it to Walt Disney World in honor of his brother. He was president of the company from December 1966 to 1968. In October 1971, Walt Disney World opened its doors for the first time. Roy soon withdrew from his position.
Roy Disney passed away on December 20, 1971 due to intracranial hemorrhage. He was 78 at the time. Roy is buried in Forest Lawn Memorial Park (Hollywood Hills) in Los Angeles. Walt Disney
Disney, meanwhile, has become one of the world’s largest mass media and entertainment corporations. Its annual income today exceeds the amount of fifty billion dollars, and it employs as many as 180,000 people. The first amusement park, Disneyland in Anaheim, California, was opened by Walt Disney in 1955, and to date, the number of Disney-owned amusement parks has grown so much that more than a hundred million people visit them worldwide each year. It serves as the world's leading Disney corporate destination.
In the world of Walt Disney, there is a locomotive named after him. He was posthumously awarded a star (film image) in 1998 at the Hollywood Walk of Fame.
