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
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