The Walt Disney Company is a diversified entertainment business that produces films and television, operates theme parks and resorts, and runs streaming services including Disney+, Hulu, and ESPN+. It earns revenue from subscriptions and advertising, theatrical distribution, licensing and merchandise, and park admissions and experiences. Founded in 1923 and headquartered in Burbank, California, Disney owns brands such as Pixar, Marvel, Lucasfilm, and 20th Century Studios and serves audiences worldwide.