Felix Salten in chief of the "B.Z. am Mittag" and the "Berliner Morgenpost", but relocated to Vienna some months later. He wrote also film scripts and librettos for operettas. In 1927 he became president of the Austrian P.E.N. club as successor of Arthur Schnitzler. His most famous work is "Bambi" (1923). It was translated into English in 1928 and became a Book-of-the-Month Club success. In 1933, he sold the film rights to the American director Sidney Franklin for only $1,000, and Franklin later transferred the rights to the Walt Disney studios, which formed the basis of the 1942 animated classic, "Bambi". Salten
The Walt Disney Company with Disney as a production partner. Walt and Roy Disney formed Disney Brothers Cartoon Studio that same year. More animated films followed after Alice. In January 1926, with the completion of the Disney studio on Hyperion Street, the Disney Brothers Studio's name was changed to the Walt Disney Studio. After the demise of the "Alice" comedies, Disney developed an all-cartoon series starring his first original character, Oswald the Lucky Rabbit, which was distributed by Winkler Pictures through Universal Pictures. The distributor owned Oswald, so Disney only made a few hundred dollars. Disney completed 26 "Oswald" shorts before losing the contract