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
Magic Kingdom film. In 2017, the park hosted 20.450 million visitors, making it the most visited theme park in the world for the twelfth consecutive year and the most visited theme park in North America for at least the past eighteen years. Although Walt Disney had been highly involved in planning the Florida Project, he passed away before he could see the vision through. After Walt's death, Walt Disney Productions began construction on Magic Kingdom and the entire resort in 1967. The park was built as a larger, improved version of Disneyland Park in California. There are several anecdotes regarding some of