Disney marks 100 years as an entertainment titan despite stumbles along the way

Walt and Roy Disney founded a small animation studio in 1923 which grew into a massive media company.
Key innovations include early animated films, building the first theme parks, and acquiring popular brands like Pixar, Marvel and Star Wars.
The company has faced challenges including rights disputes, financial troubles, executive turnover, and the pandemic's impact.
Disney continues to be known for its iconic characters, creative storytelling, and pioneering business developments.
Now valued at over $150 billion, Disney celebrates its centennial as an entertainment leader, though its future direction remains uncertain.