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
Criticism of The Walt Disney Company Criticism of The Walt Disney Company The Walt Disney Company has prompted action from activists, artists, and causes around the world. Due to its status as a powerful and influential company, Disney's business practices, executives and content have been heavily disapproved in the media, as well as by activist groups. Some of Disney's various business ventures, including television networks, theme parks and product lines have also sparked controversy among groups of consumers and media outlets. In 1977, Roy E. Disney, the son of Disney co-founder Roy O. Disney and nephew of Walt Disney, resigned as an executive due to disagreements