The Walt Disney Company "Mickey Mouse Club". In 1980, Disney launched Walt Disney Home Video to take advantage of the newly emerging videocassette market. On April 18, 1983, The Disney Channel debuted as a subscription-level channel on cable systems nationwide, featuring its large library of classic films and TV series, along with original programming and family-friendly third-party offerings. Walt Disney World received much of the company's attention through the 1970s and into the 1980s. In 1978, Disney executives announced plans for the second Walt Disney World theme park, EPCOT Center, which would open in October 1982. Inspired by Walt Disney's dream of a futuristic
Walt Disney Pictures first of the "True-Life Adventures" series and a subsequent Academy Award winner for Best Live-Action Short Film. Walt Disney Productions had its first fully live-action film in 1950 with the release of "Treasure Island""," considered by Disney to be the official conception for what would eventually evolve into the modern-day Walt Disney Pictures. By 1953, the company ended their agreements with such third-party distributors as RKO Radio Pictures and United Artists and formed their own distribution company, Buena Vista Distribution. The division was incorporated as Walt Disney Pictures on April 1, 1983 to diversify film subjects and expand audiences for