Walt Disney World Company 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 Improvement District is the immediate governing jurisdiction
Space Mountain (Magic Kingdom) the ride from 1975 to 1993; FedEx sponsored Space Mountain from 1994 to 2004. Walt Disney originally conceived the idea of a space-themed roller coaster for Disneyland following the success of the Matterhorn Bobsleds, which opened in 1959. However, a number of technological limitations and the Disney company's focus on building what would become Walt Disney World led to the project's postponement in the late 1960s. After the early success of the Magic Kingdom park in the early 1970s, the Disney company started looking to build its first thrill ride at the Magic Kingdom. Disney decided that a duplicate of