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" The Walt Disney Company " was founded 1923 by brothers Walt and Roy Disney. " The Walt Disney Company " is an American media group. He became known for the production of cartoons. The brothers' breakthrough came with the series "Alice in Cartoonland". In 1950 "Cinderella" saved the company from ruin. The first theme park " Disneyland " was opened in 1955 in Anaheim. Then things went uphill for the company. More parks were opened and other companies were taken over.