Walt Disney Company has many subsidiaries and Walt Disney Pictures is one of the divisions of the parent company.
The Walt Disney Studios (Walt Disney Company). It was founded in 1923 and is based out of California, United States. Currently, Sean Bailey is the president of the motion picture division. The parent company operates across business segments like Media Networks, Parks and Resorts, Studio Entertainment and Consumer Product.
In media networks, the operations related to broadcasting, television operations, cable networks and distribution are focused. Cable networks like ESPN being owned 80%, Disney channel 100% ownership of Disney channel and same for ABC Family. Parks and resorts are a major source of revenue due to revenue earned from theme parks, food and beverages, room charges for night stay, and many other attractions. Studio entertainment entails production of live action movies, animated films, plays and musical recordings etc. Under Studio entertainment further divisions are theatrical market, home entertainment segment, television market, etc. Consumer Product deals with merchandise licensing and publishing.
Walt Disney is very famous for its movies like Pirate of the Caribbean, The Chronicles of Narnia, Alice I Wonderland, Into the Woods, Beauty and the Beast, Toy Story, Finding Nemo, etc. Few major releases by Disney are Muppets Most Wanted, Bears, Million Dollar Arm, Maleficent, Planes: Fire & Rescue, Big Hero 6, Monkey Kingdom, Inside Out. Some of the upcoming movies are The Good Dinosaur, Star Wars: The Force Awakens, The Finest Hours, Zootopia, Alice through the looking glass and so forth