The Walt Disney Company (The Walt Disney Company (generally abbreviated as Disney, Disney) is a major entertainment media company, the world's largest media company. Disney Company was founded in Los Angeles in 1923, and has developed into the film, animation, broadcasting and entertainment industries, including Walt Disney Pictures, Touchstone Pictures, Disneyland, etc., creating a large number of popular cartoon characters such as Mickey Mouse and Donald Duck. In the 2013 Fortune 500 ranking, Walt Disney Company ranked 248th.