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
The Walt Disney Company studio's operations that the studio bought it on February 5, 1965, along with the WED Enterprises name. On December 15, 1966, Walt Disney died of complications relating to lung cancer, and Roy Disney took over as chairman, CEO, and president of the company. One of his first acts was to rename Disney World as "Walt Disney World" in honor of his brother and his vision. In 1967, the last two films Walt actively supervised were released, the animated feature "The Jungle Book" and the musical "The Happiest Millionaire". The studio released a number of comedies in the late 1960s, including