The story
Founded by Roy O. Disney in 1953, in Burbank.1
Winkler Pictures produced and distributed Walt Disney's films from 1924 to 1925, with FBO and Universal Pictures serving as Winkler's distributor until 1928.
Walt Disney Productions films were previously distributed by:
Celebrity Productions (1928–1930)
Columbia Pictures (1929–1932)
United Artists (1932–1937, 1943)
RKO Radio Pictures (1937–1957)
Buena Vista
A dispute with RKO Pictures in 1953 over the distribution of The Living Desert, Disney's first full-length film in the True-Life Adventures series, led Walt and his older brother Roy O. Disney to form its wholly owned subsidiary, the Buena Vista Film Distribution Company, Inc. (BVDC), to handle North American distribution of their own products. RKO refused to distribute the film. The name "Buena Vista" came from the eponymous street in Burbank, California, where the Walt Disney Studios was located, and remains to this day. Buena Vista's first release was the Academy Award-winning live-action feature The Living Desert on November 10, 1953, along with Toot, Whistle, Plunk and Boom, Buena Vista's first animated release.
In September 1954, it was reported that Buena Vista would distribute Disney's features in the U.S. for the next two years while RKO would still distribute Disney's shorts due to existing contracts. In August 1956, Disney revealed a release schedule for Buena Vista extending into 1958 which had outside-produced and foreign films alongside Disney's own films. Releases from this time included the Japanese Daiei film Princess Yang Kwei Fei (Most Noble Lady), released in US theaters in September 1956, the Austrian film Victoria in Dover in January 1958, The Missouri Traveler in March 1958, and The Big Fisherman in July 1959 (the first third-party production financed by Disney).
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On January 22, 1957, RKO's short distribution deal with Disney was revoked, allowing Buena Vista to distribute all of Disney's short films. By July 5, 1957, RKO Japan, Ltd. was sold to Disney Productions and British Commonwealth Film Corporation. In allocating the foreign film licenses to the company, Disney would use 5 and Commonwealth 8.
In April 1960, the company dropped "Film" from its name. In 1961, Disney incorporated Buena Vista International (BVI), distributing its first PG-rated film, Take Down, in January 1979. Take Down was not produced by Disney itself, but was instead acquired from an independent studio, making The Black Hole the first PG-rated Disney film. In 1974, Buena Vista re-released the black-and-white Mickey Mouse shorts The Klondike Kid, Touchdown Mickey, Mickey's Good Deed, Building a Building, The Mail Pilot, Two-Gun Mickey, and Shanghaied to theaters after noticing the surging interest in Fantasia and other older films at the time. In May 1987, Buena Vista changed its name to Buena Vista Pictures Distribution, Inc. (BVPD).
In the 1980s, Disney purchased a controlling stake in one of Pacific Theatres' chains leading to Disney's Buena Vista Theaters and Pacific to renovate the El Capitan Theatre and the Crest by 1989. The Crest was finished first while El Capitan opened with the premiere of The Rocketeer film on June 19, 1991.
In 1992, Buena Vista made production loans totaling $5.6 million to Cinergi Pictures for its film Medicine Man and its 1994 films Renaissance Man and Color of Night and were distributing Cinergi's films. The corporation purchased a 12.8% share in Cinergi with its initial public offering in 1994. Soon, BVPD signed a 25 picture distribution deal with Cinergi.
Gaumont and Disney formed Gaumont Buena Vista International, a joint venture in French distribution, in 1993. In August 1996, Disney and Tokuma Shoten Publishing agreed that Disney would distribute Studio Ghibli animated films and provide 10% of the production cost of the studio's current in-production film, Spirited Away. Disney would go on to produce the English dubs and distribute 15 of Ghibli's films, through the Walt Disney Pictures, Buena Vista Home Video, Miramax and Touchstone Pictures banners.
In September 1996, following Disney's acquisition of Capital Cities/ABC, Buena Vista Pictures Distribution, Inc. was merged into ABC, Inc., the parent company of that group.
For the November 1995 premiere of Toy Story, Disney rented the Hollywood Masonic Temple—adjacent to the El Capitan Theatre—for Totally Toy Story, a multimedia funhouse and a promotional event for the movie. On July 17, 1998, Buena Vista Pictures Distribution purchased the Hollywood Masonic Temple building to continue using it as a promotional venue.
By 1997, BVPD's share in Cinergi dropped to 5%. After nine films were delivered under the agreement, Cinergi sold on November 22, 1997, all of its 12-film library with the exception of Die Hard with a Vengeance to Disney, plus $20 million in exchange for Disney's Cinergi share holdings, production advances of $35.4 million and other loans. In 2002, Disney signed a four animated film deal with Vanguard Animation; however, only one film was released under that negotiation.
In 2004, BVI and Gaumont dissolved their French distribution joint venture, Gaumont Buena Vista International. Buena Vista International agreed to a distribution deal with MegaStar Joint Venture Company Limited in April 2006 for the Vietnam market.
Walt Disney Studios Motion Pictures
In April 2007, Disney discontinued the usage of the Buena Vista brand in its distribution branding.
In early 2009, Disney entered a distribution agreement with a reorganized DreamWorks Pictures; the deal called for an estimated 30 films over a five-year period from DreamWorks and they would be released through the Touchstone banner. In 2011, GKIDS acquired the North American theatrical distribution rights of the Ghibli films, with Walt Disney Studios Home Entertainment retaining the home video rights until July 2017 when Shout! Factory took over the home video rights. However, Disney only handles home video distribution of the company's films in Japan and formerly Taiwan and China.
Disney's distribution deal with DreamWorks expired in August 2016, after the two studios decided to not renew their agreement on December 16, 2015, with Universal Pictures replacing Disney as DreamWorks' distributor. By the end of the deal, Disney had distributed 14 of DreamWorks's original 30-picture agreement; thirteen through Touchstone and one through Walt Disney Pictures. Disney took complete ownership rights of those 14 DreamWorks films from Amblin Partners in exchange for loans made to that company. The Light Between Oceans, the final film in that distribution deal, was also the last film released under Touchstone.
On December 14, 2017, the Walt Disney Company announced plans to purchase 21st Century Fox, which included 20th Century Fox and Fox Searchlight Pictures. On March 20, 2019, the acquisition of 21st Century Fox was completed. Following the reorganization and renaming of the acquired film units, Walt Disney Studios Motion Pictures began distributing 20th Century Studios films in the United States, while Searchlight continued to operate their autonomous distribution unit.
In late 2020 and early 2021, Disney reorganized the studio, placing it under the Disney Media and Entertainment Distribution unit which also oversees distribution to Disney+. Under this structure, the Theatrical Distribution unit oversaw the domestic and international films produced by all the studios within the Walt Disney Studios umbrella. In February 2023, returning CEO Bob Iger reversed this decision and reorganized the studio again, returning it as a division under the purview of The Walt Disney Studios.
From Wikipedia’s article on Walt Disney Studios Motion Pictures, shared under CC BY-SA 4.0.4