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In addition, Disney has since created corporate divisions in order to market more mature content than is typically associated with its flagship family-oriented brands.The company is best known for the products of its film studio, Walt Disney Studios, which is today one of the largest and best-known studios in American cinema.

Walt and his wife held 60% (6,000 shares) and Roy owned 40% of WD Productions.In early 1923, Kansas City, Missouri, animator Walt Disney created a short film entitled Alice's Wonderland, which featured child actress Virginia Davis interacting with animated characters. After failing to take over the Disney Studio, Mintz hired away four of Disney's primary animators (the exception being Ub Iwerks) to start his own animation studio, Snappy Comedies.After the bankruptcy in 1923 of his previous firm, Laugh-O-Gram Studio, Disney moved to Hollywood to join his brother, Roy O. In 1928, to recover from the loss of Oswald the Lucky Rabbit, Disney came up with the idea of a mouse character named Mortimer while on a train headed to California, drawing up a few simple drawings.The mouse was later renamed Mickey Mouse (Disney's wife, Lillian, disliked the sound of 'Mortimer Mouse') and starred in several Disney produced films.Ub Iwerks refined Disney's initial design of Mickey Mouse.Steamboat Willie was an immediate smash hit, and its initial success was attributed not just to Mickey's appeal as a character, but to the fact that it was the first cartoon to feature synchronized sound.and began the Silly Symphony series with Columbia Pictures signing on as Symphonies distributor in August 1929.The company also operated under the names The Walt Disney Studio and then Walt Disney Productions.Taking on its current name in 1986, it expanded its existing operations and also started divisions focused upon the theater, radio, music, publishing and online media.On December 30, King Features signed its first newspaper, New York Mirror, to publish the Mickey Mouse comic strip with Walt's permission.In 1932, Disney signed an exclusive contract with Technicolor (through the end of 1935) to produce cartoons in color, beginning with Flowers and Trees (1932).

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