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  4. Disney+
Disney+ logo
Media & Entertainment

Who Owns Disney+?

Disney+ is owned by The Walt Disney Company (NYSE: DIS), a publicly traded American media and entertainment conglomerate. Launched in November 2019, Disney+ operates as a brand division within Disney's Direct-to-Consumer segment. As of mid-2026, Disney+ has approximately 90 million global subscribers. The service faces a password-sharing crackdown that has slowed growth, and Disney has signaled it may add live sports content from ESPN to boost engagement.

Parent Company

The Walt Disney Company

Acquired

2019

Status

Publicly Traded

Headquarters

Burbank, California, USA

Disney+ Timeline

1923
The Walt Disney Company

Parent company established in Burbank, California, USA

Company Founded
2019

Disney+

Founded by The Walt Disney Company

Founded
2019
Acquired by The Walt Disney Company

The Walt Disney Company acquired Disney+

Acquired
mid rangemass marketGlobalall-agesOfficial Website

Who Owns Disney+?

  • Parent Company: The Walt Disney Company
  • Ownership Type: Brand division
  • Acquisition Year: 2019
  • Company Type: Publicly Traded
  • Stock Ticker: NYSE: DIS
BrandParent CompanyOwnership Type
Disney+The Walt Disney CompanyBrand division

Where to Buy

Disclosure: We may earn commission from purchases
AmazonDisney+ on Amazon

History of Disney+

  • Founded: 2019
  • Founders: The Walt Disney Company
  • Acquired by The Walt Disney Company: 2019

Disney+ launched on November 12, 2019, in the United States, Canada, and the Netherlands. The service debuted with a content library drawn from Disney's vast catalog, including films from Walt Disney Animation, Pixar, Marvel, Lucasfilm (Star Wars), and National Geographic. The launch price was $6.99 per month, significantly below Netflix's standard plan at the time.

The service gained 10 million subscribers on its first day. By March 2020, Disney+ had reached 50 million subscribers, accelerated by the COVID-19 pandemic which drove demand for home entertainment. Disney+ launched in Western Europe in 2020, followed by Latin America and Asia-Pacific markets in 2020 and 2021.

Original content became a key driver of subscriber growth. "The Mandalorian," a Star Wars series, was the flagship launch title. Other successful original series included "WandaVision," "The Falcon and the Winter Soldier," "Loki," and "Andor" from the Marvel and Star Wars franchises. Disney+ also released original films directly on the platform, including Pixar's "Soul" (2020) and "Luca" (2021), which bypassed theatrical release due to the pandemic.

In 2021, Disney+ introduced an ad-supported tier priced at $7.99 per month, with the ad-free tier raised to $10.99. The ad-supported tier was designed to offer a lower price point while generating advertising revenue. By 2023, Disney had raised prices multiple times, with the ad-free tier reaching $13.99 per month.

In late 2022, Disney+ reached its subscriber peak of approximately 164 million global subscribers. However, growth stalled in 2023. Disney lost approximately 1.3 million subscribers in the fourth quarter of 2023, citing losses in India related to cricket streaming rights. The service also faced rising content costs and increased competition.

In 2023 and 2024, Disney restructured its streaming operations. The company merged Disney+ and Hulu content into a single app experience in the United States, offering bundled subscriptions. Disney also began cracking down on password sharing in 2024, estimating that over 100 million accounts shared passwords. This initiative added subscribers in 2024 but contributed to subscriber declines in 2025 as casual users dropped off.

In 2025, Disney+ faced continued challenges. Subscriber numbers declined to approximately 90 million globally by mid-2026. Disney raised prices again, with the ad-free tier reaching $15.99 per month. The company has signaled that it may integrate live sports content from ESPN into Disney+ to increase engagement and justify higher prices. CEO Bob Iger has stated that streaming profitability is a priority, and the Direct-to-Consumer segment achieved operating profitability in fiscal year 2024 for the first time.

Disney has also reduced its content spending on Disney+ original series. Several Marvel and Star Wars series have been canceled or not renewed for additional seasons, as Disney focuses on quality over quantity. The company has emphasized theatrical releases for major franchise films while using Disney+ for series and select original films.

About The Walt Disney Company

What does Disney own?

Disney owns a portfolio of approximately 20 major consumer-facing brands across media, entertainment, and experiences. Key holdings include Disney+, Hulu, ESPN, ABC, Pixar, Marvel Studios, Lucasfilm (Star Wars), 20th Century Studios, National Geographic, FX, and the Disney Parks and Cruise Line businesses. The company also holds a 70% stake in the combined Fubo and Hulu + Live TV virtual MVPD entity. Disney acquired many of these brands through major transactions, including Pixar ($7.4 billion in 2006), Marvel ($4 billion in 2009), Lucasfilm ($4.05 billion in 2012), and 21st Century Fox ($71.3 billion in 2019).

Is Disney publicly traded?

Yes. The Walt Disney Company trades on the New York Stock Exchange under the ticker symbol DIS. The company has a single class of common stock with equal voting rights for all shares. Disney is a component of the Dow Jones Industrial Average and is widely held by institutional investors including Vanguard Group, BlackRock, and State Street Corporation. The company has paid dividends consistently, with a fiscal 2025 dividend of $1.50 per share and significant share repurchase programs.

Who founded Disney?

The Walt Disney Company was founded on October 16, 1923, by Walt Disney and his brother Roy O. Disney in Los Angeles, California. Walt Disney was the creative force behind the company, directing animation innovation and conceiving the theme park concept. Roy O. Disney was the financial strategist who managed the company's business operations. Walt Disney died in 1966, and Roy O. Disney died in 1971 after completing Walt Disney World in Florida.

Where is Disney headquartered?

Disney is headquartered in Burbank, California, USA. The company's corporate campus, the Walt Disney Studios, has been located in Burbank since 1940. The campus includes the studio lot, corporate offices, and production facilities. Disney also maintains significant operations in New York City (ABC and ESPN), Bristol, Connecticut (ESPN headquarters), Anaheim, California (Disneyland), and Lake Buena Vista, Florida (Walt Disney World).

How many brands does Disney own?

Disney owns approximately 20 major consumer-facing brands across its three operating segments. These include Disney, Disney+, Hulu, ESPN, ABC, Pixar, Marvel, Lucasfilm, 20th Century Studios, Searchlight Pictures, National Geographic, FX, Disney Channel, Disney Parks, Disney Cruise Line, Disney Store, and others. The company also holds a 70% stake in the combined Fubo and Hulu + Live TV entity. The total count depends on how individual cable channels and sub-brands are categorized.

Who owns Disney?

Disney is a publicly traded corporation owned by its shareholders. The largest institutional shareholders are Vanguard Group, BlackRock, and State Street Corporation, each holding significant but non-controlling stakes. No single shareholder or group exercises controlling influence. The board of directors, chaired by Mark Gorman, oversees corporate governance. CEO Josh D'Amaro was appointed by the board effective March 18, 2026, and also serves as a director. There is no founding family control or dual-class share structure.

What is Disney's revenue?

Disney reported fiscal year 2025 revenue of $94.4 billion (fiscal year ended September 27, 2025), up 3% from $91.4 billion in fiscal 2024. Total segment operating income was $17.6 billion, up 12%. Diluted EPS was $6.85, and adjusted EPS was $5.93, up 19%. In Q3 fiscal 2026, Disney reported revenue of $25.2 billion, up 7%, with net income of $2.63 billion. The company targets double-digit adjusted EPS growth in both fiscal 2026 and fiscal 2027.

Has Disney made major acquisitions recently?

Disney's most recent major acquisition was the $71.3 billion purchase of 21st Century Fox, completed in March 2019. In 2024, Disney acquired Comcast's 33% stake in Hulu for approximately $5.8 billion. In 2025, Disney combined its Hulu + Live TV business with Fubo, taking a 70% stake in the combined entity. No new major acquisitions have been announced under CEO Josh D'Amaro as of July 2026, though the company continues to invest in content and theme park expansion.

  • Founded: 1923
  • Headquarters: Burbank, California, USA
  • Company Type: Publicly Traded
  • Stock: NYSE: DIS
  • Revenue: $94.4 billion (FY2025)
  • Employees: approximately 185,000

Visit The Walt Disney Company website

View full company profile for The Walt Disney Company

Where Is Disney+ Made / Based?

  • Headquarters: Burbank, California, USA
  • Manufacturing / Operations: United States, Global (digital streaming)

Disney+ Categories & Tags

StreamingVideo On DemandEntertainmentSubscriptionWalt DisneyAmerican Brand

Disney+ Sustainability & Ethics

Disney+ operates within The Walt Disney Company's corporate sustainability framework. Disney has committed to achieving net zero greenhouse gas emissions for its direct operations by 2030. The company publishes an annual ESG report covering environmental performance, social impact, and governance practices.

Streaming services consume significant energy through data centers and content delivery networks. Disney+'s infrastructure relies on cloud computing services, and the energy consumption of these services contributes to Disney's overall carbon footprint. Disney has invested in renewable energy for its data centers and has committed to sourcing 100% renewable electricity for its direct operations.

Disney+ has faced criticism regarding content moderation and creative freedom. The service has removed content from its library, including a 2021 incident where Disney removed "Peter Pan," "Dumbo," and "Swiss Family Robinson" from children's profiles due to racist stereotypes, adding content advisories instead of removing the films entirely from the adult library. This approach has drawn both praise and criticism.

Data privacy is a concern for Disney+ given its family-oriented user base. The service complies with the Children's Online Privacy Protection Act (COPPA) in the United States. Disney has faced scrutiny over its data collection practices, particularly regarding children's viewing habits and targeted advertising on the ad-supported tier.

Awards & Recognition

Disney+ has received Emmy nominations for its original series, particularly in the categories of outstanding drama, visual effects, and production design. "The Mandalorian" received multiple Emmy nominations, winning awards for visual effects and cinematography. Marvel series including "WandaVision" and "Loki" also received Emmy nominations.

The service has been recognized by technology publications for its user interface design and streaming quality. Disney+ won a Webby Award for Best Streaming Service in 2020. The platform's accessibility features, including audio descriptions and closed captioning, have been recognized by disability advocacy organizations.

Disney+ original films have received Academy Award nominations. Pixar's "Soul," which premiered on Disney+ in December 2020, won the Academy Award for Best Animated Feature. "Luca" and "Turning Red," also released on Disney+, received critical acclaim.

Disney+ Recalls & Controversies

Password Sharing Crackback: In 2024, Disney began enforcing password-sharing restrictions on Disney+, following Netflix's model. The crackdown initially added subscribers but contributed to subscriber declines in 2025 and 2026 as casual users dropped the service. Some subscribers criticized the policy as punitive, particularly given the service's repeated price increases.

Price Increases: Disney+ has raised its subscription prices multiple times since 2019. The ad-free tier increased from $6.99 at launch to $15.99 by 2025, a 128% increase. The ad-supported tier, introduced at $7.99, was raised to $9.99. Consumer advocacy groups have criticized the increases, particularly when combined with the password-sharing crackdown and reduced original content output.

Content Removals: Disney has removed original series and films from Disney+ to reduce content amortization costs. In 2023, Disney removed dozens of titles from the service, including original series like "Willow," "The World According to Jeff Goldblum," and "Diary of a Future President." The removals drew criticism from creators and subscribers, as the content was not available on any other platform. Disney later restored some titles following backlash.

Content Censorship Concerns: Disney+ has faced criticism for editing films to remove content deemed inappropriate. The service initially edited scenes from films including "Malificent" and "Splash" to make them more family-friendly, without disclosing the edits. Disney acknowledged the practice after subscriber complaints and stated it would provide the original theatrical versions where possible.

Political Controversies: Disney has faced political disputes that have affected Disney+. In 2022, Disney's opposition to Florida's Parental Rights in Education legislation (referred to by critics as the "Don't Say Gay" bill) led to a prolonged conflict with Florida Governor Ron DeSantis. The dispute resulted in Disney losing its special tax district status for the Reedy Creek Improvement District, though the district was ultimately restructured rather than dissolved. This political conflict did not directly affect Disney+ operations but created reputational challenges for the brand.

Subscriber Decline: Disney+ has lost approximately 74 million subscribers from its peak of 164 million in late 2022 to approximately 90 million in mid-2026. The decline is attributed to the password-sharing crackdown, price increases, market saturation, and the loss of cricket streaming rights in India. Disney has acknowledged the challenges and is exploring new strategies including potential live sports integration and content partnerships.

Brands Owned by The Walt Disney Company

ABCMedia Entertainment

ABC

Owned by The Walt Disney Company

Major American broadcast television network with a rich history in news, entertainment, and sports programming, serving as a cornerstone of Disney Entertainment Television within The Walt Disney Company.

televisionbroadcastingnetwork
DisneyMedia Entertainment

Disney

Owned by The Walt Disney Company

American entertainment company and core brand of The Walt Disney Company, known for animated films, live-action entertainment, and theme parks.

animationentertainmentfilms
ESPNMedia Entertainment

ESPN

Owned by The Walt Disney Company

American sports multimedia brand and the largest sports network in the United States. Owned by The Walt Disney Company, ESPN launched its direct-to-consumer streaming service in August 2025, offering all 12 of its linear networks directly to fans for the first time.

sports-networksports-newslive-sports
Fox BroadcastingMedia Entertainment

Fox Broadcasting

Owned by The Walt Disney Company

America's fourth major broadcast television network, founded in 1986 by Rupert Murdoch's News Corporation and now owned by Fox Corporation (NASDAQ: FOXA, FOX).

television-networkbroadcastentertainment
Fox BusinessMedia Entertainment

Fox Business

Owned by The Walt Disney Company

American cable television network focused on business news, financial reporting, and market analysis for business and investor audiences.

business-newsfinancial-newscable-network
Fox NewsMedia Entertainment

Fox News

Owned by The Walt Disney Company

American cable news network and flagship property of Fox Corporation, consistently ranked as the most-watched cable news channel in the United States.

newscable-newstelevision
View all brands owned by The Walt Disney Company

Disney+ Ownership: Pros & Cons

Advantages

  • +Exclusive access to Disney's content library including Marvel, Star Wars, Pixar, and Disney Animation franchises
  • +Integration with Disney's production studios ensures a continuous pipeline of original content
  • +Bundling with [Hulu](/brands/hulu) and [ESPN](/brands/espn)+ provides value and reduces churn
  • +Disney's global distribution infrastructure supports expansion into over 90 countries
  • +Direct-to-consumer model gives Disney ownership of viewer data and customer relationships

Considerations

  • -Subscriber decline from 164 million peak to approximately 90 million in mid-2026 raises questions about market saturation
  • -Repeated price increases have driven subscriber churn and consumer frustration
  • -Heavy reliance on Marvel and Star Wars franchises creates audience fatigue risk
  • -Password-sharing crackdown has alienated some subscribers while providing only temporary growth
  • -Competition from Netflix (280 million subscribers) and Amazon Prime Video limits market share growth

Frequently Asked Questions About Disney+

Sources & Further Reading

  • [Disney+ Official Website](
  • [The Walt Disney Company Investor Relations](
  • [SEC EDGAR: Disney (DIS) Filings](
  • [Wikidata: Disney+](
  • [NYSE: DIS Stock Quote](
  • [Variety: Disney+ Streaming Coverage](
  • [The Hollywood Reporter: Disney+ Analysis](
  • [Disney ESG Report](

Competitors to Disney+

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
Prime VideoPrime Video
Amazon
USA
2006
Mass marketGlobalAll-ages
BritBoxBritBox
Bbc
United Kingdom
2017
Mass marketGlobalAll-ages
HBO MaxHBO Max
Warner Bros Discovery
USA
2020
PremiumGlobalAll Genders
HBO MaxHBO Max
Warner Bros Discovery
USA
2020
PremiumGlobalAll-ages
Paramount+Paramount+
Paramount Global
USA
2021
Mass marketGlobalAll-ages
YouTubeYouTube
Alphabet
USA
2005
Market leaderGlobalAll Genders

Learn More About Competitors

Prime VideoMedia Entertainment

Prime Video

Owned by Amazon.com Inc.

Subscription-based video streaming service offering movies, TV shows, and original content as part of Amazon Prime membership.

streamingvideo-on-demandentertainment
BritBoxMedia Entertainment

BritBox

Owned by British Broadcasting Corporation (BBC)

British television streaming brand split between BBC Studios' international service and ITV's integrated UK offering.

streamingbritish-televisionentertainment
HBO MaxMedia Entertainment

HBO Max

Owned by Warner Bros. Discovery

American subscription streaming service owned by Warner Bros Discovery, offering content from HBO, Warner Bros, DC, and Discovery. Rebranded from Max back to HBO Max on July 9, 2025.

streamingvideo-on-demandentertainment
HBO MaxMedia Entertainment

HBO Max

Owned by Warner Bros. Discovery

American subscription video on-demand streaming service offering content from HBO, Discovery, Warner Bros., and other Warner Bros. Discovery properties. Rebranded from Max back to HBO Max in summer 2025. Reached 140M+ subscribers in Q1 2026, targeting 150M by year-end.

streamingvideo-on-demandentertainment
Paramount+Media Entertainment

Paramount+

Owned by Paramount Skydance Corporation

American subscription streaming service owned by Paramount Skydance Corporation (NASDAQ: PSKY). Launched in 2021 from CBS All Access.

streamingvideo-on-demandentertainment
YouTubeMedia Entertainment

YouTube

Owned by Alphabet Inc.

Video-sharing platform and streaming service owned by Google, a subsidiary of Alphabet Inc. The world\'s largest video platform with over 2 billion logged-in monthly users.

videostreamingsocial-media

Competitive Analysis

Market Positioning: Disney+ competes with 6 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Disney+

Looking for brands with different ownership structures? These similar brands are not owned by The Walt Disney Company, giving you alternative choices that support different corporate structures.

Discovery ZoneMedia Entertainment

Discovery Zone

Owned by Discovery Zone, Inc.

American indoor entertainment center chain featuring arcade games, climbing walls, and family attractions.

arcadeentertainmentfamily-entertainment
Privately Owned

Discovery Zone is privately owned, unlike Disney+ which is under a publicly traded parent company.

ReelShortMedia Entertainment

ReelShort

Owned by Crazy Maple Studio

Short-form mobile drama app developed and controlled by Crazy Maple Studio, in which COL Digital Publishing holds a large minority stake.

streamingshort-dramamobile-entertainment
Privately Owned

ReelShort is privately owned, unlike Disney+ which is under a publicly traded parent company.

Among UsMedia Entertainment

Among Us

Owned by InnerSloth

Multiplayer social deduction game developed by InnerSloth, released in 2018, in which players work together to complete tasks while identifying impostors.

social-deductionmultiplayer-gameindie-game
Privately Owned

Among Us is privately owned, unlike Disney+ which is under a publicly traded parent company.

FortniteMedia Entertainment

Fortnite

Owned by Epic Games

Free-to-play battle royale, creative sandbox, and live-service video game developed and published by Epic Games, with over 650 million registered accounts globally.

battle-royalevideo-gameepic-games
Privately Owned

Fortnite is privately owned, unlike Disney+ which is under a publicly traded parent company.

India TodayMedia Entertainment

India Today

Owned by India Today Group

Indian English-language news magazine and multimedia brand published weekly since 1975, owned by the India Today Group and covering politics, current affairs, business, and culture.

newsmediajournalism
Privately Owned

India Today is privately owned, unlike Disney+ which is under a publicly traded parent company.

Legacy RecordingsMedia Entertainment

Legacy Recordings

Owned by Sony Music Entertainment

American catalog and reissue label owned by Sony Music Entertainment, specializing in remastering and reissuing classic recordings from Sony's extensive catalog.

record-labelmusiccatalog
Privately Owned

Legacy Recordings is privately owned, unlike Disney+ which is under a publicly traded parent company.

The Walt Disney Company Stock Information

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Last reviewed: August 5, 2026 · Reviewed by Who Brands Editorial Team