Walt Disney World Company and Resorts U.S., Inc. in March 2009. Walt Disney World Company Walt Disney World Company was created in 1967 as the company that owned and operated Walt Disney World near Orlando, Florida. The resort opened in 1971 and the land was owned by Walt Disney World Company, Walt Disney Travel Company, and Walt Disney World Hospitality and Recreation Corporation. In 2009 the name was changed to Walt Disney Parks and Resorts U.S., Inc., a subsidiary of Walt Disney Parks, Experiences and Consumer Products a subsidiary of The Walt Disney Company, and is based in Lake Buena Vista, Florida. Reedy Creek
PeopleMover ride closed on August 21, 1995, but the station and track infrastructure remain. A second PeopleMover, the Tomorrowland Transit Authority PeopleMover, opened at the Magic Kingdom in Walt Disney World near Orlando, Florida, in 1975, and is still operating today. The attraction's vehicles were always moving. Passengers boarded and alighted by a large speed-matched rotating platform inside the station. The trains were not powered by motors within themselves. Rather, they were pushed by rotating tires embedded in the track once every nine feet, each of which had its own electric motor. Each car included its own sound system which broadcast