Cultural Impact

leadership

The Walt Disney Company is one of the world's largest entertainment companies and is considered to be a pioneer in the animation industry, having produced 790 features, 122 of which are animated films. Many of their films are considered to be the greatest of all time, including Pinocchio, Toy Story, Bambi, Ratatouille, Snow White and the Seven Dwarfs, and Mary Poppins. Disney has also created some of the most influential and memorable characters of all time, such as Mickey Mouse, Woody, Captain America (MCU), Jack Sparrow, Iron Man (MCU), and Elsa.

Disney has been recognized for revolutionizing the animation industry; according to Den of Geek, the risk of making the first animated feature Snow White and the Seven Dwarfs has "changed cinema".[461] The company, mainly through Walt, has introduced new technologies and more-advanced techniques for animating, as well as adding personalities to characters. Some of Disney's technological innovations for animation include invention of the multiplane camera, xerography, CAPS, deep canvas, and RenderMan. Many songs from the company's films have become extremely popular, and several have peaked at number one on Billboard's Hot 100. Some songs from the Silly Symphony series became immensely popular across the U.S.

Disney has been ranked number 48 in the 2023 Fortune 500 list of the largest United States corporations by total revenue and fourth in Fortune's 2022 "World's Most Admired Companies". According to Smithsonian Magazine, there are "few symbols of pure Americana more potent than the Disney theme parks", which are "well-established cultural icons", with the company name and Mickey Mouse being "household names". Disney is one of the biggest competitors in the theme park industry with 12 parks, all of which were the top-25 most-visited parks in 2018. Disney theme parks worldwide had over 157 million visitors, making it the most-visited theme-park company in the world, doubling the attendance number of the second-most-visited company. Of the 157 million visitors, the Magic Kingdom had 20.8 million of the guests, making it the most-visited theme park in the world. When Disney first entered the theme park industry, CNN stated: "It changed an already legendary company. And it changed the entire theme park industry." According to The Orange County Register, Walt Disney World has "changed entertainment by showing how a theme park could help make a company into a lifestyle brand".