Founded in 1929 Disney primarily engages in child and adult entertainment. Starting with the production of animated motion-picture cartoons in the late 1940s Disney began to make also nature documentaries and live-action motion pictures, as well as short cartoons and live-action programs for television. In 1955 the company opened Disneyland, which was their first amusement park. Further openings of amusement parks in the U.S. and Europe followed. In 1996 Disney acquired Capital Cities/ABC Inc., which owned the ABC television network.
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One of the largest and foremost communications and media conglomerates in the
world. Founded in 1971, the present form of the corporation dates from 1994 when Viacom Inc., which owned radio and television stations and cable television programming services and systems, acquired the entertainment and publishing giant Paramount Communications Inc. and then merged with the video and music retailer Blockbuster Entertainment Corp. Headquarters are in New York City.