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 was to be a real planned city that would have also been used as a test bed for new innovations for city living. After extensive lobbying, the Government of Florida passed legislation establishing this special government district. The District essentially gives the Disney Company the standard powers and autonomy of an incorporated city. After Walt Disney died in 1966 before his vision was realized, the Disney Company board decided that it did not want to be in the business of running a city. Most of Walt's ideas for his planned city were eventually abandoned, and thus the residential areas were