The company committed its studios in the first quarter of to produce 25 films in Epcot opened in October The building in the Los Angeles neighborhood of Los Feliz which was home to the studio from to Disney purchased a minority stake in the Anaheim Angels baseball team around the same time. In , Disney purchased the remaining shares of Infoseek and launched the Go Network portal in January. Plus, Eisner had the company make an expensive purchase of Fox Family Worldwide. After a shaky start, Disneyland continued to grow and attract visitors from across the country and around the world.
Miramax co-founders Bob Weinstein and Harvey Weinstein also departed the company to form their own studio. That same year, Disney began a move into the internet field with the purchase of Starwave and 43 percent of Infoseek. Disney also launched its cruise line with the christening of Disney Magic and a sister ship, Disney Wonder. Other releases of the period included Alice in Wonderland and Peter Pan , both in production before the war began, and Disney's first all-live action feature, Treasure Island Disneyland Walt Disney at the grand opening of Disneyland , July In November, test comics strips were sent to King Features , who requested additional samples to show to the publisher, William Randolph Hearst. Touchstone's first release was the comedy Splash , which was a box office success. However, saw net income drop by 23 percent and had no growth for the year, but saw the release of Beauty and the Beast, winner of two Academy Awards and top-grossing film in the genre. The s opened with the release of Disney's first "post-Walt" animated feature, The Aristocats , followed by a return to fantasy musicals in 's Bedknobs and Broomsticks. Later in January , Disney decided to shut down Miramax after downsizing Touchstone, but one month later, they instead began selling the Miramax brand and its title film library to Filmyard Holdings. Mickey Mouse and Silly Symphonies In , to recover from the loss of Oswald the Lucky Rabbit, Disney came up with the idea of a mouse character named Mortimer while on a train headed to California, drawing up a few simple drawings. On July 18, , Walt Disney opened Disneyland to the general public. Its weekday afternoon children's television program The Mickey Mouse Club , featuring its roster of young "Mouseketeers", premiered in to great success, as did the Davy Crockett miniseries , starring Fess Parker and broadcast on the Disneyland anthology show. Film distributor Margaret J. Despite the success of the Disney Channel and its new theme park creations, Walt Disney Productions was financially vulnerable. After a shaky start, Disneyland continued to grow and attract visitors from across the country and around the world. According to various news outlets, Lasseter had a history of alleged sexual misconduct towards employees. While the production of shorts slowed significantly during the s and s, the studio released a number of popular animated features, like Lady and the Tramp , Sleeping Beauty and One Hundred and One Dalmatians , which introduced a new xerography process to transfer the drawings to animation cels. The following month, Haim Saban reacquired the Power Rangers franchise, including its episode library. Disney lawyers tried to indicate a decline situation which reveal some of the problems in the company. However, the board did not immediately remove Eisner as chief executive. Disney died of stomach cancer on December 16, When the United States entered the war after the attack on Pearl Harbor , many of Disney's animators were drafted into the armed forces. At the same time, the studio began producing live-action films and documentaries. It was the first phase of a long corporate relationship which, although no one could have anticipated it at the time, would culminate four decades later in the Disney company's acquisition of the ABC network, its owned and operated stations, and its numerous cable and publishing ventures. Its film library was valuable, but offered few current successes, and its leadership team was unable to keep up with other studios, particularly the works of Don Bluth , who defected from Disney in
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