Walt Disney Studios (Burbank) of the era, examples of which can still be seen at the Warner Bros., Paramount and Sony Pictures Studios (formerly MGM) lots. Roy Disney, however, insisted that the Disney Studio's water tower be built with six legs instead of the usual four, claiming it was more aesthetically pleasing. The tower is no longer used for water storage and stands as an identifying symbol of Disney's Burbank studio. In 1984 the top portion of the holding tank was painted white and, for the first time, emblazoned with the image of Mickey Mouse, the official mascot of the Walt Disney Company. It
The Walt Disney Company ending Disney's last obstacle to buying it itself. on July 27, 2018 shareholders voted in favor of the merger, approving the company buyout, pending International regulatory approval. The new company formed by the merger will assume The Walt Disney Company name. The deal is expected to close in the first half of 2019. In August 2017, Disney announced that they would be starting its own streaming service, known as Disney+, to compete with the longtime industry monopoly Netflix. Disney+ is currently scheduled to begin service in late 2019, with many series announced that will be using its many successful franchises.