Walt Disney Pictures released under this brand. "Pirates of the Caribbean" is the studio's most successful franchise, with two of its sequels, released in and , earning over $1 billion in worldwide box office gross. The studio's predecessor (and the modern-day The Walt Disney Company's as a whole) was founded as the Disney Brothers Cartoon Studio, by filmmaker Walt Disney and his business partner and brother, Roy, in 1923. The creation of Mickey Mouse and subsequent short films and merchandise generated revenue for the studio which was renamed as The Walt Disney Studio at the Hyperion Studio in 1926. In 1929, it was
The Art of Walt Disney after when Walt decided to leave the Kansas City Film Ad Company to start another one of his own, called Laugh-O-Gram Films, where he created his first popular cartoon called Alice’s Wonderland, which turned into a series called Alice Comedies. Unfortunately for Walt, not enough money was coming in, which lead to many of his employees quitting his company, and forcing him to declare bankruptcy. In 1927, Walt created a new character called "Oswald the Lucky Rabbit", which also became popular. However, the distributor he was working with at the time, Charles Mintz, hired all of Walt’s animation employees and