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The Walt Disney Company, commonly known as simply Disney, is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Founded on October 16, 1923, as an animation studio by brothers Walt and Roy Oliver Disney as Disney Brothers Cartoon Studio, Disney operated under the names Walt Disney Studio and Walt Disney Productions before adopting its current name in 1986. In 1928, Disney established itself as a leader in the animation industry with the short film Steamboat Willie. The film used synchronized sound to become the first post-produced sound cartoon, and popularized Mickey Mouse, who became Disney's mascot and corporate icon. Disney is one of the biggest and best-known companies in the world. Often regarded as one of the most influential entertainment brands in history, Disney is credited with revolutionizing the animation industry. Disney was ranked 71st on the 2025 Forbes Global 2000, and 44th on the 2026 Fortune 500 list of biggest companies in the United States by revenue. Since its founding, the company has won 135 Academy Awards, 26 of which were awarded to Walt. The company has produced films which have been featured on many lists of the greatest films of all time and is one of the key players on the development of the theme park industry. The company has been public since 1940 and trades on the New York Stock Exchange (NYSE) and has been a component of the Dow Jones Industrial Average since 1991.