Walt Disney Pictures) films and fewer Touchstone titles. [20], In April 1988, Touchstone became a unit of Walt Disney Pictures with newly appointed head Ricardo Mestres. The next film by the studio is Encanto, which will be released in the Fall of 2021.Though we had already exclusively revealed details about the film, this was the first official announcement by the company. [13], By the 1980s, The Walt Disney Company's collection of film units emerged as one of Hollywood's major film studios, mostly due to newly designed efforts in branding strategies, a resurgence of Walt Disney Productions' animated releases and unprecedented box office successes, particularly from Touchstone Pictures. [41] This was in order to centralize the various production units and to make live-action film production within Disney more cost-efficient. [12] Disney Productions purchased in 1959 the Golden Oak Ranch for feature films and television series productions complimenting its main Burbank studio. Walt Disney Animation Studios Projects. 20th Century Studios and Searchlight Pictures—acquired by Disney in 2019 and together former members of the "Big Six" studios—produce a varied slate of films, with the latter focusing on specialty prestige films. [111] The studio ended 2019 eventually earning $13.2 billion in worldwide box office. Lists. Richard Frank became head of the newly formed Walt Disney Television and Telecommunications (WDTT). [71], The Walt Disney Company completed its acquisition of Marvel Entertainment in December 2009 for $4.2 billion. Walt Disney Studios Motion Pictures. In its history, Disney has created or acquired other film banners that have since been closed, divested, or retired. Units returning to the studio were Walt Disney Television, Disney Television Animation, Touchstone Television and Buena Vista Home Entertainment. [72][73] Disney closed a deal with Paramount Pictures to transfer worldwide marketing and the distribution rights to Marvel's The Avengers and Iron Man 3 in October 2010. Walt Disney Animation Studios (WDAS), also referred to as Disney Animation, headquartered at the Walt Disney Studios in Burbank, California, is an American animation studio that creates animated feature films, short films, and television specials for The Walt Disney Company.Founded on October 16, 1923, it is a division of The Walt Disney Studios. Founded in 1923, it is the fourth-oldest and one of the "Big Five" major film studios.[4]. [27] In 1992, Walt Disney Studios agreed to fund a production company, Caravan Pictures, for exiting 20th Century Fox chairman Joe Roth. It is currently under the leadership of Thomas Schumacher. Read: Exclusive: Byron Howard and Jared Bush to Direct ‘Encanto’ For Walt Disney Animation Studios. In August 1998, Roger Birnbaum, Caravan's co-founder, left at Roth's prompting to co-found Spyglass Entertainment with former Morgan Creek Productions vice chairman and COO Gary Barber, in which Disney gave Caravan's development slate, a five-year distribution agreement and an advance to Spyglass. Walt Disney, American film and TV producer, a pioneer of animated cartoon films, and creator of the characters Mickey Mouse and Donald Duck. [74], In May 2011, Disney India and UTV Motion Pictures agreed to co-produce Disney-branded family films, with both companies handling creative function and UTV producing, marketing and distributing the films. Official trailers are included and others will be added once available. The division is based at the Walt Disney Studios and is the main producer of live-action feature films within the The Walt Disney Studios unit. 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