Walt Disney "Snow White and the Seven Dwarfs" (1937), "Pinocchio", "Fantasia" (both 1940), "Dumbo" (1941), and "Bambi" (1942), furthered the development of animated film. New animated and live-action films followed after World War II, including the critically successful "Cinderella" (1950) and "Mary Poppins" (1964), the latter of which received five Academy Awards. In the 1950s, Disney expanded into the amusement park industry, and in 1955 he opened Disneyland. To fund the project he diversified into television programs, such as "Walt Disney's Disneyland" and "The Mickey Mouse Club"; he was also involved in planning the 1959 Moscow Fair, the 1960 Winter Olympics, and
Walt Disney Studios (division) Worldwide were organized under The Walt Disney Studios. In 2003, the studio set a worldwide box office record of $3 billion gross. In July 2006, Disney announced a shift in its strategy of releasing more Disney-branded (i.e. Walt Disney Pictures) films and fewer Touchstone titles. The move was expected to reduce the Group's work force by approximately 650 positions worldwide. This was a cost cutting move with its yearly slate would consist of 12 to 15 films. After being transferred to various other division groups since they were acquired in 2004, The Muppets Studio was incorporated into the Walt Disney