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Walt Disney Pictures is an American film production company and subsidiary of Walt Disney Studios, a division of Disney Entertainment, which is owned by The Walt Disney Company. The studio is the flagship producer of live-action feature films within the Walt Disney Studios unit, and is based at the Walt Disney Studios in Burbank, California. Animated films produced by Walt Disney Animation Studios and Pixar Animation Studios are also released under the studio banner. Walt Disney Studios Motion Pictures distributes and markets the films produced by Walt Disney Pictures. Disney began producing live-action films in the 1950s. The live-action division became Walt Disney Pictures in 1983, when Disney reorganized its entire studio division; which included the separation from the feature animation division and the subsequent creation of Touchstone Pictures. At the end of that decade, combined with Touchstone's output, Walt Disney Pictures elevated Disney to one of Hollywood's major film studios. Walt Disney Pictures is currently one of five live-action film studios within the Walt Disney Studios, alongside 20th Century Studios, Marvel Studios, Lucasfilm, and Searchlight Pictures. The 2019 remake of The Lion King is the studio's highest-grossing film worldwide with $1.6 billion, and Pirates of the Caribbean is the studio's most successful film series, with five films earning a total of over $4.5 billion in worldwide box office gross. History Predecessor unit The studio's predecessor (and the modern-day The Walt Disney Company's as a whole) was founded as the Disney Brothers Cartoon Studio, by filmmaker Walt Disney and his business partner and brother, Roy, in 1923. The creation of Mickey Mouse and subsequent short films and merchandise generated revenue for the studio which was renamed as The Walt Disney Studio at the Hyperion Studio in 1926. In 1929, it was renamed again to Walt Disney Productions. The studio's streak of success continued in the 1930s, culminating with the 1937 release of the first feature-length animated film, Snow White and the Seven Dwarfs, which becomes a huge financial success. With the profits from Snow White, Walt relocated to a third studio in Burbank, California. In the 1940s, Disney began experimenting with full-length live-action films, with the introduction of hybrid live action-animated films such as The Reluctant Dragon (1941) and Song of the South (1946). That same decade, the studio began producing nature documentaries with the release of Seal Island (1948), the first of the True-Life Adventures series and a subsequent Academy Award winner for Best Live-Action Short Film. Walt Disney Productions had its first fully live-action film in 1950 with the release of Treasure Island, considered by Disney to be the official conception for what would eventually evolve into the modern-day Walt Disney Pictures. By 1953, the company ended their agreements with such third-party distributors as RKO Radio Pictures and United Artists and formed their own distribution company, Buena Vista Distribution. By the 1950s, the company had purchased the rights to his work of L. Frank Baum. 1980s–2000s The live-action division of Walt Disney Productions was incorporated as Walt Disney Pictures on April 1, 1983, to diversify film subjects and expand audiences for their film releases. In April 1983, Richard Berger was hired by Disney CEO Ron W. Miller as film president. Touchstone Films was started by Miller in February 1984 as a label for the studio's PG-13 and R-rated films with an expected half of Disney's yearly 6-to-8-movie slate, which would be released under the label. That same year, newly named Disney CEO Michael Eisner pushed out Berger, replacing him with Eisner's own film chief from Paramount Pictures, Jeffrey Katzenberg. and Frank Wells from Warner Bros. Pictures. Touchstone and Hollywood Pictures were formed within that unit on February 15, 1984, and February 1, 1989, respectively. The Touchstone Films banner was used by then new Disney CEO Michael Eisner in the 1984–1985 television season with the short lived western, Wildside. In the next season, Touchstone produced a hit in The Golden Girls. David Hoberman was promoted to president of production at Walt Disney Pictures in April 1988. In April 1994, Hoberman was promoted to president of motion picture production at Walt Disney Studios and David Vogel was appointed as Walt Disney Pictures president. The following year, however Hoberman resigned from the company, and instead began a production deal with Disney and his newly formed production company, Mandeville Films. In addition to Walt Disney Pictures, Vogel added the head position of Hollywood Pictures in 1997, while Donald De Line remained as head of Touchstone. Vogel was then promoted in 1998 to the head of Buena Vista Motion Pictures Group, the newly formed division that oversaw all live-action production within the Walt Disney Pictures, Touchstone, and Hollywood labels. The move was orchestrated by Walt Disney Studios chairman Joe Roth, as an effort to scale back and consolidate the studio's film production. As a result of the restructuring, De Line resigned. That same year, Nina Jacobson became executive vice-president of live-action production for Buena Vista Motion Pictures Group. Jacobson remained under this title until May 1999, when Vogel resigned from the company, and Jacobson was appointed by Roth to the role of president of production. During her tenure, Jacobson oversaw the production of films at Walt Disney Pictures, including Pirates of the Caribbean, The Chronicles of Narnia, Bridge to Terabithia, National Treasure, Remember the Titans, and The Princess Diaries, and was responsible for establishing a first-look deal with Jerry Bruckheimer Films. In 2006, Jacobson was fired by studio chairman Dick Cook, and replaced with by Oren Aviv, the head of marketing. In July 2007, Disney CEO Bob Iger banned the depiction of smoking and tobacco products from Walt Disney Pictures films. After two films based on Disney theme park attractions, Walt Disney Pictures selected it as a source of a line of films starting with The Country Bears (2002) and The Haunted Mansion and Pirates of the Caribbean: The Curse of the Black Pearl (both 2003). The latter film—the first film produced by the studio to receive a PG-13 rating—began a film series that was followed by four sequels, with the franchise taking in more than $5.4 billion worldwide from 2003 to 2017. On January 12, 2010, Aviv stepped down as the studio's president of live-action production. 2010s–present In January 2010, Sean Bailey was appointed the studio's president of live-action production, replacing Aviv. Bailey had produced Tron: Legacy for the studio, which was released later that same year. Under Bailey's leadership and with support from then Disney CEO Bob Iger—and later studio chairman Alan Horn—Walt Disney Pictures pursued a tentpole film strategy, which included an expanded slate of .... Discover the A American Walt Browning popular books. Find the top 100 most popular A American Walt Browning books.