The Walt Disney Company Features, who requested additional samples to show to the publisher, William Randolph Hearst. On December 16, the Walt Disney Studios partnership was reorganized as a corporation with the name of Walt Disney Productions, Limited with a merchandising division, Walt Disney Enterprises, and two subsidiaries, Disney Film Recording Company, Limited and Liled Realty and Investment Company for real estate holdings. Walt and his wife held 60% (6,000 shares) and Roy owned 40% of WD Productions. On December 30, King Features signed its first newspaper, New York Mirror, to publish the Mickey Mouse comic strip with Walt's permission. In 1932, Disney signed
The Walt Disney Company ending Disney's last obstacle to buying it itself. on July 27, 2018 shareholders voted in favor of the merger, approving the company buyout, pending International regulatory approval. The new company formed by the merger will assume The Walt Disney Company name. The deal is expected to close in the first half of 2019. In August 2017, Disney announced that they would be starting its own streaming service, known as Disney+, to compete with the longtime industry monopoly Netflix. Disney+ is currently scheduled to begin service in late 2019, with many series announced that will be using its many successful franchises.