Disney Economic Timeline By dicetj Dec 5, 1901 Walter Disney is born Jan 1, 1920 Iwerks-Disney Commercial Artists is formed Feb 1, 1920 Iwerks-Disney Commercial Artists fails after a month Apr 1, 1922 Laugh-O-Gram Films is formed with 15,000 dollars from backers Dec 25, 1923 Laugh-O-Gram Films goes bankrupt Dec 28, 1923 Walt and his brother Roy establish Disney Brother Studios Jun 1, 1926 Disney Brothers Studios is renamed Walt Disney Studios 1930 Mickey Mouse merchandising is licensed 1932 Disney acquires exclusive rights to technicolor 1940 600,000 shares of Disney stock are issued at 5 dollars a stock Nov 13, 1940 Fantasia is released Oct 23, 1941 Dumbo is released Jun 23, 1953 Buena Vista Film Distribution is formed by Disney Nov 10, 1953 The Living Desert is Released 1954 Disney is contracted by ABC to produce a one hour TV Program 1965 Disney Executives are sent to Florida to purchase land for a 'Community of Tomorrow' Dec 15, 1966 Walt Disney Dies 1971 Walt Disney World opens in Orlando, Florida 1976 US copyright laws are changes so that Disney retains rights to Mickey Mouse 1981 Dumbo becomes the first animated Disney home video release 1982 The Coca-Cola Company has an unsuccessful buyout attempt for Disney Jul 9, 1982 Tron is released 1983 Tokyo Disneyland opens as the first International theme park 1984 Studio escapes a buyout attempt from Saul Steinberg, resulting in removal and replacement of CEO/president of Disney 1985 Studio begins producing cartoons for television 1985 Touchstone Television is founded 1987 First Disney store opens in California 1992 Disneyland in Paris, France opens 1996 Acquires Capital Cities/ABC (ESPN) for $19 billion 2004 Purchases rights to The Muppets 2006 Acquires Pixar for $7.4 billion Nov 21, 2008 Bolt is released 2009 Acquires Marvel Entertainment for $4.0 billion 2012 Acquires Lucasfilm for $4.1 billion Nov 3, 2017 Thor: Ragnarok is released