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=== 2005β2020: Bob Iger's first tenure, expansion and Disney+ === In March 2005, Bob Iger, president of the company, became CEO after Eisner's retirement in September; Iger was officially named head of the company on October 1.<ref>{{Cite news |last=Ahrens |first=Frank |date=March 14, 2005 |title=Disney Chooses Successor to Chief Executive Eisner |pages=2 |newspaper=The Washington Post |url=https://www.washingtonpost.com/wp-dyn/articles/A32493-2005Mar13.html |url-access=limited |access-date=July 9, 2022 |archive-date=August 16, 2017 |archive-url=https://web.archive.org/web/20170816194932/http://www.washingtonpost.com/wp-dyn/articles/A32493-2005Mar13.html |url-status=live }}</ref><ref>{{Cite news |last=VanHoose |first=Benjamin |date=December 21, 2021 |title=Bob Iger Has 'No Interest in Running Another Company' After 15-Year Tenure as Disney CEO |work=People |url=https://people.com/movies/bob-iger-has-no-interest-running-another-company-after-exiting-as-disney-ceo/ |access-date=July 9, 2022 |archive-date=July 10, 2022 |archive-url=https://web.archive.org/web/20220710201211/https://people.com/movies/bob-iger-has-no-interest-running-another-company-after-exiting-as-disney-ceo/ |url-status=live }}</ref> Disney's eleventh theme park [[Hong Kong Disneyland]] opened on September 12, costing the company $3.5 billion to construct.<ref>{{Cite news |date=September 12, 2005 |title=Disney opens theme park in Hong Kong |work=NBC News |agency=Associated Press |url=https://www.nbcnews.com/id/wbna9311663 |access-date=July 10, 2022 |archive-date=July 10, 2022 |archive-url=https://web.archive.org/web/20220710201211/https://www.nbcnews.com/id/wbna9311663 |url-status=live }}</ref> On January 24, 2006, Disney began talks to acquire Pixar from [[Steve Jobs]] for $7.4 billion, and Iger appointed Pixar [[chief creative officer]] (CCO) [[John Lasseter]] and president [[Edwin Catmull]] the heads of the [[Walt Disney Animation Studios]].<ref>{{Cite news |last=Debruge |first=Peter |date=November 22, 2016 |title=Disney's Pixar Acquisition: Bob Iger's Bold Move That Reanimated a Studio |work=Variety |url=https://variety.com/2016/film/features/disney-pixar-acquisition-bob-iger-john-lasseter-1201923719/ |access-date=July 10, 2022 |archive-date=July 9, 2022 |archive-url=https://web.archive.org/web/20220709184626/https://variety.com/2016/film/features/disney-pixar-acquisition-bob-iger-john-lasseter-1201923719/ |url-status=live }}</ref><ref>{{Cite news |last=Holton |first=Laura |date=January 25, 2006 |title=Disney Agrees to Acquire Pixar in a $7.4 Billion Deal |work=The New York Times |url=https://www.nytimes.com/2006/01/25/business/disney-agrees-to-acquire-pixar-in-a-74-billion-deal.html |url-access=limited |access-date=July 10, 2022 |archive-date=July 21, 2016 |archive-url=https://web.archive.org/web/20160721013508/http://www.nytimes.com/2006/01/25/business/disney-agrees-to-acquire-pixar-in-a-74-billion-deal.html |url-status=live }}</ref> A week later, Disney traded [[ESPN on ABC|ABC Sports]] commentator [[Al Michaels]] to [[NBCUniversal]], in exchange for the rights to Oswald the Lucky Rabbit and 26 cartoons featuring the character.<ref>{{Cite web |last=Taylor |first=Drew |date=September 5, 2020 |title=The Incredible True Story of Disney's Oswald the Lucky Rabbit |url=https://collider.com/disney-oswald-the-lucky-rabbit-history-explained/ |access-date=July 13, 2022 |website=Collider |archive-date=November 20, 2021 |archive-url=https://web.archive.org/web/20211120215735/https://collider.com/disney-oswald-the-lucky-rabbit-history-explained/ |url-status=live }}</ref> On February 6, the company announced it would be merging its ABC Radio networks and 22 stations with [[Citadel Broadcasting]] in a $2.7 billion deal, though which Disney acquired 52% of television broadcasting company [[Citadel Communications]].<ref>{{Cite news |last=Arnall |first=Dan |date=February 6, 2006 |title=Disney Merges ABC Radio with Citadel Broadcasting |work=ABC News |url=https://abcnews.go.com/Business/story?id=1586358 |access-date=March 8, 2025 |archive-date=February 11, 2006 |archive-url=https://web.archive.org/web/20060211060446/https://abcnews.go.com/Business/story?id=1586358|url-status=dead }}</ref><ref>{{Cite news |url=http://news.yahoo.com/s/ap/20060207/ap_on_bi_ge/disney|title=Walt Disney Shares Rise on ABC Radio Sale|last=Gentile|first=Gary|publisher=Associated Press|date=February 7, 2006|access-date=March 8, 2025|archive-url=http://web.archive.org/web/20060209081257/http://news.yahoo.com/s/ap/20060207/ap_on_bi_ge/disney|archive-date=February 9, 2006|url-status=dead|via=Yahoo News }}</ref> The Disney Channel movie ''[[High School Musical]]'' aired and its soundtrack was certified triple [[Platinum (music sales)|platinum]], becoming the first Disney Channel film to do so.<ref>{{Cite news |last=Romano |first=Aja |date=November 13, 2019 |title=''High School Musical'' β and its ongoing cultural legacy β explained |work=[[Vox (website)|Vox]] |url=https://www.vox.com/culture/2019/11/13/20958457/high-school-musical-movies-legacy-dcom-bet-on-it |access-date=July 12, 2022 |archive-date=July 8, 2022 |archive-url=https://web.archive.org/web/20220708011214/https://www.vox.com/culture/2019/11/13/20958457/high-school-musical-movies-legacy-dcom-bet-on-it |url-status=live }}</ref> [[File:Bob Iger crop 2.jpg|thumb|left|upright=.8|alt=Man in suit looking into the distance, with a blue background with words behind him|Bob Iger became CEO of Disney in 2005, expanding the company's properties]] Disney's 2006 live-action film ''[[Pirates of the Caribbean: Dead Man's Chest]]'' was Disney's biggest hit to that date and the third-highest-grossing film ever, making $1 billion at the box office.<ref>{{Cite news |last=Desowitz |first=Bill |date=September 11, 2006 |title=''Dead Man's Chest'' Gets $1 Billion Booty |work=Animation World Magazine |url=https://www.awn.com/news/dead-mans-chest-gets-1-billion-booty |access-date=July 12, 2022 |archive-date=July 12, 2022 |archive-url=https://web.archive.org/web/20220712152331/https://www.awn.com/news/dead-mans-chest-gets-1-billion-booty |url-status=live }}</ref> On June 28, the company announced it was replacing George Mitchell as chairman with a board members and former CEO of [[Procter & Gamble|P&G]] [[John E. Pepper Jr.]].<ref name="ChairmenofDisney" /> The sequel ''[[High School Musical 2]]'' was released in 2007 on Disney Channel and broke several cable rating records.<ref>{{Cite news |date=August 18, 2007 |title=''High School Musical 2'' : OMG! It's a cable ratings record |work=Variety |url=https://variety.com/2007/tv/news/high-school-m-2-22179/ |access-date=July 12, 2022 |archive-date=July 12, 2022 |archive-url=https://web.archive.org/web/20220712152136/https://variety.com/2007/tv/news/high-school-m-2-22179/ |url-status=live }}</ref> In April 2007, the [[Muppets Holding Company]] was moved from Disney Consumer Products to the Walt Disney Studios division and renamed the [[The Muppets Studio|Muppets Studios]] to relaunch the division.<ref>{{Cite news |title=Kermit as Mogul, Farting Fozzie Bear: How Disney's Muppets Movie Has Purists Rattled |work=The Hollywood Reporter |url=https://www.hollywoodreporter.com/news/disney-muppets-jason-segel-amy-adams-jim-henson-250805?page=3 |url-status=live |access-date=November 6, 2017 |archive-url=https://web.archive.org/web/20131103224328/http://www.hollywoodreporter.com/news/disney-muppets-jason-segel-amy-adams-jim-henson-250805?page=3 |archive-date=November 3, 2013}}</ref><ref name="Muppets 2004">{{Cite news |last=Barnes |first=Brooks |date=September 18, 2008 |title=Fuzzy Renaissance |work=The New York Times |url=https://www.nytimes.com/2008/09/21/movies/21barn.html |url-status=live |access-date=December 29, 2012 |archive-url=https://web.archive.org/web/20130814110417/http://www.nytimes.com/2008/09/21/movies/21barn.html |archive-date=August 14, 2013 |url-access=limited }}</ref> ''[[Pirates of the Caribbean: At World's End]]'' became the highest-grossing film of 2007 at $960 million.<ref>{{Cite web |title=''Pirates of the Caribbean: At World's End'' |url=https://www.boxofficemojo.com/release/rl4100490753/ |access-date=July 15, 2022 |website=Box Office Mojo |publisher=IMDbPro |archive-date=February 11, 2009 |archive-url=https://web.archive.org/web/20090211185656/http://boxofficemojo.com/movies/?id=piratesofthecaribbean3.htm |url-status=live }}</ref> Disney-Pixar films [[Ratatouille (film)|''Ratatouille'']] (2007) and ''[[WALL-E]]'' (2008) were a tremendous success, with ''WALL-E'' winning the Oscar for Best Animated Feature.<ref>{{Cite web |last=Finke |first=Nikki |date=June 29, 2007 |title=''Ratatouille'' Roasts Rivals, ''Die Hard'' #2; Michael Moore's ''Sicko'' Has Healthy Debut |url=https://deadline.com/2007/06/ratatouille-rules-box-office-and-die-hard-moores-sicko-has-healthy-debut-2711/ |access-date=July 15, 2022 |website=Deadline Hollywood |archive-date=July 15, 2022 |archive-url=https://web.archive.org/web/20220715121023/https://deadline.com/2007/06/ratatouille-rules-box-office-and-die-hard-moores-sicko-has-healthy-debut-2711/ |url-status=live }}</ref><ref>{{Cite news |last=Goodman |first=Dean |date=June 29, 2008 |title=Disney's ''WALL-E'' wows box office |work=Reuters |url=https://www.reuters.com/article/us-boxoffice/disneys-wall-e-wows-box-office-idUSN2637957120080630 |access-date=July 15, 2022 |archive-date=July 15, 2022 |archive-url=https://web.archive.org/web/20220715195139/https://www.reuters.com/article/us-boxoffice/disneys-wall-e-wows-box-office-idUSN2637957120080630 |url-status=live }}</ref><ref>{{Cite news |last=Moody |first=Annemarie |date=February 22, 2009 |title=''WALL-E'' Wins Oscar Best Animated Feature, ''La Maison'' Wins Best Animated Short |work=Animation World Magazine |url=https://www.awn.com/news/wall-e-wins-oscar-best-animated-feature-la-maison-wins-best-animated-short |access-date=July 15, 2022 |archive-date=July 15, 2022 |archive-url=https://web.archive.org/web/20220715195139/https://www.awn.com/news/wall-e-wins-oscar-best-animated-feature-la-maison-wins-best-animated-short |url-status=live }}</ref> After acquiring most of [[Jetix Europe]] through the acquisition of Fox Family Worldwide, Disney bought the remainder of the company in 2008 for $318 million.<ref>{{Cite news |last=Turner |first=Mimi |date=December 8, 2008 |title=Disney to acquire rest of Jetix shares |work=The Hollywood Reporter |agency=Associated Press |url=https://www.hollywoodreporter.com/business/business-news/disney-acquire-rest-jetix-shares-124025/ |access-date=July 15, 2022 |archive-date=July 15, 2022 |archive-url=https://web.archive.org/web/20220715195110/https://www.hollywoodreporter.com/business/business-news/disney-acquire-rest-jetix-shares-124025/ |url-status=live }}</ref> Iger introduced [[D23 (Disney)|D23]] in 2009 as Disney's official fan club.<ref>{{cite news |last1=Boucher |first1=Geoff |date=July 10, 2009 |title=D23 at Comic-Con and beyond |work=Los Angeles Times |url=http://herocomplex.latimes.com/uncategorized/d23-at-comiccon-and-beyond-and-the-first-look-at-the-new-nautilus/ |url-access=limited |access-date=July 15, 2022 |archive-date=September 24, 2016 |archive-url=https://web.archive.org/web/20160924111549/http://herocomplex.latimes.com/uncategorized/d23-at-comiccon-and-beyond-and-the-first-look-at-the-new-nautilus/ |url-status=live }}</ref><ref>{{cite news |last1=Chmielewski |first1=Dawn C. |date=March 10, 2010 |title=Disneyland history event will replace D23 Expo this year |work=Los Angeles Times |url=http://herocomplex.latimes.com/uncategorized/disney-d23-expo-will-alternate-years-with-history-minded-event/ |url-access=limited |access-date=July 21, 2022 |archive-date=October 6, 2016 |archive-url=https://web.archive.org/web/20161006041113/http://herocomplex.latimes.com/uncategorized/disney-d23-expo-will-alternate-years-with-history-minded-event/ |url-status=live }}</ref> In February, Disney announced a deal with [[DreamWorks Pictures]] to distribute 30 of their films over the next five years through Touchstone Pictures, with Disney getting 10% of the gross.<ref>{{Cite news |last1=Marc |first1=Graser |last2=Siegel |first2=Tatiana |date=February 9, 2009 |title=Disney signs deal with DreamWorks |work=Variety |url=https://variety.com/2009/film/features/disney-signs-deal-with-dreamworks-1117999836/ |access-date=July 25, 2022 |archive-date=October 8, 2009 |archive-url=https://web.archive.org/web/20091008132321/http://www.variety.com/article/VR1117999836.html?categoryid=13&cs=1 |url-status=live }}</ref><ref>{{Cite news |last1=Barnes |first1=Brooke |last2=Cieply |first2=Michael |author-link2=Michael Cieply |date=February 9, 2009 |title=DreamWorks and Disney Agree to a Distribution Deal |work=The New York Times |url=https://www.nytimes.com/2009/02/10/business/media/10disney.html |url-access=limited |access-date=July 25, 2022 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726001740/https://www.nytimes.com/2009/02/10/business/media/10disney.html |url-status=live }}</ref> The 2009 film ''[[Up (2009 film)|Up]]'' garnered Disney $735 million at the box office, and the film won Best Animated Feature at the Academy Awards.<ref>{{Cite web |title=''Up'' |url=https://www.boxofficemojo.com/release/rl3245770241/ |access-date=July 25, 2022 |website=Box Office Mojo |publisher=IMDbPro |archive-date=August 4, 2019 |archive-url=https://web.archive.org/web/20190804195445/https://www.boxofficemojo.com/movies/?id=up.htm |url-status=live }}</ref><ref>{{Cite news |date=March 7, 2010 |title=Pixar's ''Up'' wins best animated film Oscar |work=Reuters |url=https://www.reuters.com/article/us-oscars-up/pixars-up-wins-best-animated-film-oscar-idUSTRE6270JL20100308 |access-date=July 25, 2022 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726012618/https://www.reuters.com/article/us-oscars-up/pixars-up-wins-best-animated-film-oscar-idUSTRE6270JL20100308 |url-status=live }}</ref> Later that year, Disney launched a television channel named [[Disney XD]], aimed at older children.<ref>{{Cite news |last=Turner |first=Mimi |title=Disney unveils Disney XD |work=The Hollywood Reporter |agency=Associated Press |url=https://www.hollywoodreporter.com/business/business-news/disney-unveils-disney-xd-86948/ |access-date=July 15, 2022 |archive-date=July 15, 2022 |archive-url=https://web.archive.org/web/20220715195139/https://www.hollywoodreporter.com/business/business-news/disney-unveils-disney-xd-86948/ |url-status=live }}</ref> Disney bought [[Marvel Entertainment]] and its assets for $4 billion in August, adding Marvel's comic-book characters to its merchandising line-up.<ref>{{Cite news |last1=Thomasch |first1=Paul |last2=Gina |first2=Keating |date=August 31, 2009 |title=Disney to acquire Marvel in $4 billion deal |work=Reuters |url=https://www.reuters.com/article/us-disney-marvel/disney-to-acquire-marvel-in-4-billion-deal-idUSN3143303120090831 |access-date=July 25, 2022 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726003426/https://www.reuters.com/article/us-disney-marvel/disney-to-acquire-marvel-in-4-billion-deal-idUSN3143303120090831 |url-status=live }}</ref> In September, Disney partnered with [[News Corporation]] and NBCUniversal in a deal in which all parties would obtain 27% equity in streaming service [[Hulu]], and Disney added ABC Family and Disney Channel to the streaming service.<ref>{{Cite news |last=Kramer |first=Staci D. |date=April 30, 2009 |title=It's Official: Disney Joins News Corp., NBCU In Hulu; Deal Includes Some Cable Nets |newspaper=The Washington Post |url=https://www.washingtonpost.com/wp-dyn/content/article/2009/04/30/AR2009043001853.html |url-access=limited |access-date=July 25, 2022 |archive-date=May 4, 2011 |archive-url=https://web.archive.org/web/20110504054305/http://www.washingtonpost.com/wp-dyn/content/article/2009/04/30/AR2009043001853.html |url-status=live }}</ref> On December 16, Roy E. Disney died of [[stomach cancer]]; he was the last member of the Disney family to work for Disney.<ref>{{Cite news |date=December 16, 2009 |title=Roy E Disney dies in California |work=The Guardian |agency=Associated Press |url=https://www.theguardian.com/world/2009/dec/16/usa-walt-disney-company |access-date=July 25, 2022 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726003426/https://www.theguardian.com/world/2009/dec/16/usa-walt-disney-company |url-status=live }}</ref> In March 2010, [[Haim Saban]] reacquired from Disney the ''[[Power Rangers]]'' franchise, including its 700-episode library, for around $100 million.<ref>{{Cite web |last=Finke |first=Nikki |author-link=Nikki Finke |date=May 12, 2010 |title=Haim Saban Buys Back ''Mighty Morphin Power Rangers'' Franchise & Brings It to Nickelodeon and Nicktoons |url=https://deadline.com/2010/05/saban-buys-back-power-rangers-franchise-brings-to-nickelodeon-and-nicktoons-40259/ |url-status=live |archive-url=https://web.archive.org/web/20170920031237/http://deadline.com/2010/05/saban-buys-back-power-rangers-franchise-brings-to-nickelodeon-and-nicktoons-40259/ |archive-date=September 20, 2017 |access-date=July 27, 2022 |website=Deadline Hollywood}}</ref><ref>{{Cite news |last=Fritz |first=Ben |author-link=Ben Fritz |date=May 13, 2010 |title=Haim Saban buys back ''Power Rangers'' |work=Los Angeles Times |url=https://www.latimes.com/archives/la-xpm-2010-may-13-la-fi-ct-saban-20100513-story.html |url-access=limited |access-date=July 27, 2022 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726161009/https://www.latimes.com/archives/la-xpm-2010-may-13-la-fi-ct-saban-20100513-story.html |url-status=live }}</ref> Shortly after, Disney sold Miramax Films to an investment group headed by [[Ronald Tutor]] for $660 million.<ref>{{Cite news |last=Horn |first=Heather |date=July 30, 2010 |title=Disney Sells Miramax, at Last |work=The Atlantic |url=https://www.theatlantic.com/culture/archive/2010/07/disney-sells-miramax-at-last/344671/ |url-access=limited |access-date=July 27, 2022 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726160856/https://www.theatlantic.com/culture/archive/2010/07/disney-sells-miramax-at-last/344671/ |url-status=live }}</ref> During that time, Disney released the live-action ''[[Alice in Wonderland (2010 film)|Alice in Wonderland]]'' and the Disney-Pixar film ''[[Toy Story 3]]'', both of which grossed a little over $1 billion, making them the sixth-and-seventh films to do so; and ''Toy Story 3'' became the first animated film to make over $1 billion and the highest-grossing animated film. That year, Disney became the first studio to release two $1-billion-dollar-earning films in one calendar year.<ref>{{Cite news |last=Bettinger |first=Brendan |date=May 27, 2010 |title=Disney's ''Alice in Wonderland'' Becomes the Sixth Film Ever to Surpass $1 Billion Worldwide |work=Collider |url=https://collider.com/alice-in-wonderland-1-billion-worldwide-box-office-disney/ |access-date=July 27, 2022 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726161009/https://collider.com/alice-in-wonderland-1-billion-worldwide-box-office-disney/ |url-status=live }}</ref><ref>{{Cite news |last=Finke |first=Nikki |date=August 27, 2010 |title=Disney Smashes Box Office Records: 'Toy Story 3' Crossing $1B, Studio First To Release 2 Billion-Dollar Pics In Single Year |work=Deadline Hollywood |url=https://deadline.com/2010/08/disney-smashes-box-office-records-toy-story-3-crossing-1b-studio-first-to-release-2-billion-dollar-pics-in-single-year-63322/ |access-date=July 27, 2022 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726180629/https://deadline.com/2010/08/disney-smashes-box-office-records-toy-story-3-crossing-1b-studio-first-to-release-2-billion-dollar-pics-in-single-year-63322/ |url-status=live }}</ref> In 2010, the company announced [[ImageMovers Digital]], which it started in partnership with [[ImageMovers]] in 2007, would be closing by 2011.<ref>{{Cite news |last=Desowitz |first=Bill |date=March 12, 2010 |title=Disney to Close Zemeckis' ImageMovers Digital Studio |work=Animation World Magazine |url=https://www.awn.com/news/disney-close-zemeckis-imagemovers-digital-studio |access-date=July 27, 2022 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726214029/https://www.awn.com/news/disney-close-zemeckis-imagemovers-digital-studio |url-status=live }}</ref> {{multiple image | direction = vertical | width = 250 | header = | align = right | image1 = Pixar logo.svg | alt1 = black letters spelling out the word Pixar | caption1 = Pixar had been making films with Disney from 1995 to 2005, until Disney bought them out in 2006 as one of their subsidiaries. | image2 = MarvelLogo.svg | alt2 = Red background with white letters spelling out Marvel | caption2 = Marvel became a subsidiary of Disney in 2009 after Disney acquired them for $4 billion. | image3 = Lucasfilm logo.svg | caption3 = After purchasing Lucasfilm in 2012, Disney vowed to make more ''Star Wars'' films. | alt3 = Black letters spelling out Lucasfilm in a slight arch | image4 = 20th Century Studios (2021).svg | caption4 = In 2019, as Disney's biggest move yet, they bought most of 21st Century Fox's assets for $71 billion, rebranding some of them like the studio 20th Century Fox as 20th Century Studios. | alt4 = black logo with a big 20 on the left side and underlined words on the right | link1 = Pixar | link2 = Marvel Comics | link3 = Lucasfilm | link4 = 20th Century Studios }} The following year, Disney released its last traditionally animated film ''[[Winnie the Pooh (2011 film)|Winnie the Pooh]]'' to theaters.<ref name="TraditionalAnimation">{{Cite news |last=Ebiri |first=Bilge |date=July 23, 2019 |title=Bring Back the Animation |work=Vulture |url=https://www.vulture.com/2019/07/disney-animated-movies-what-happened-to-them.html|url-access=limited |access-date=July 27, 2022 |archive-date=June 25, 2022 |archive-url=https://web.archive.org/web/20220625022926/https://www.vulture.com/2019/07/disney-animated-movies-what-happened-to-them.html |url-status=live }}</ref> The release of ''[[Pirates of the Caribbean: On Stranger Tides]]'' garnered a little over $1 billion, making it the eighth film to do so and Disney's highest-grossing film internationally, as well as the third-highest ever.<ref>{{Cite web |last=Weinraub |first=Jake |date=July 2, 2022 |title=One Billion Dollars! Disney's ''Pirates 4'' Is 8th Film to Cross Big Box-Office Mark |url=https://www.thewrap.com/pirates-4-crosses-1b-threshold-becomes-2nd-biggest-all-time-intl-grosser-28784/ |access-date=July 27, 2022 |website=[[TheWrap]] |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726210537/https://www.thewrap.com/pirates-4-crosses-1b-threshold-becomes-2nd-biggest-all-time-intl-grosser-28784/ |url-status=live }}</ref> In January 2011, the size of [[Disney Interactive Studios]] was reduced and 200 employees laid off.<ref>{{Cite news |last=Chmielewski |first=Dawn C. |date=January 26, 2011 |title=Disney Interactive lays off 200 as video game unit shifts focus |work=Los Angeles Times |url=https://www.latimes.com/business/la-xpm-2011-jan-26-la-fi-ct-disney-interactive-20110126-story.html |url-status=live |url-access=limited |access-date=July 27, 2022 |archive-url=https://archive.today/20130127160343/http://articles.latimes.com/print/2011/jan/26/business/la-fi-ct-disney-interactive-20110126 |archive-date=January 27, 2013}}</ref> In April, Disney began constructing its new theme park [[Shanghai Disney Resort]], costing $4.4 billion.<ref>{{Cite news |last1=Barboza |first1=David |last2=Barnes, Brooks |date=April 7, 2011 |title=Disney Plans Lavish Park in Shanghai |work=The New York Times |url=https://www.nytimes.com/2011/04/08/business/media/08disney.html |url-access=limited |access-date=July 27, 2022 |archive-url=https://web.archive.org/web/20110413000730/http://www.nytimes.com/2011/04/08/business/media/08disney.html |archive-date=April 13, 2011}}</ref> In August, Iger stated after the success of the [[Pixar]] and Marvel purchases, he and the Walt Disney Company were planning to "buy either new characters or businesses that are capable of creating great characters and great stories".<ref>{{Cite news |last=Grover |first=Ronald |date=August 10, 2011 |title=Disney CEO Iger Seeks Acquisitions of 'Great Characters' |work=Bloomberg News |url=https://www.bloomberg.com/news/articles/2011-08-10/disney-s-iger-looking-for-great-characters-stories-in-acquisition-drive#xj4y7vzkg |url-access=limited |access-date=July 27, 2022 }}</ref> On October 30, 2012, Disney announced it would buy [[Lucasfilm]] for $4.05 billion from [[George Lucas]]. Through the deal, Disney gained access to franchises such as ''[[Star Wars]]'', for which Disney said it would make a new film for every two-to-three year, with the first being released in 2015. The deal gave Disney access to the ''[[Indiana Jones]]'' franchise, visual-effects studio [[Industrial Light & Magic]], and video game developer [[LucasArts]].<ref>{{Cite news |last=Graser |first=Marc |date=October 30, 2012 |title=Disney Buys LucasFilm, New ''Star Wars'' Planned |work=Variety |url=https://variety.com/2012/film/news/disney-buys-lucasfilm-new-star-wars-planned-1118061434/ |access-date=July 27, 2022 |archive-date=June 22, 2022 |archive-url=https://web.archive.org/web/20220622103036/https://variety.com/2012/film/news/disney-buys-lucasfilm-new-star-wars-planned-1118061434/ |url-status=live }}</ref><ref>{{Cite news |last1=Matt |first1=Krantz |last2=Mike |first2=Snider |last3=Marco Della |first3=Cava |last4=Alexander |first4=Bryan |date=October 30, 2012 |title=Disney buys Lucasfilm for $4 billion |work=USA Today |url=https://www.usatoday.com/story/money/business/2012/10/30/disney-star-wars-lucasfilm/1669739/ |access-date=July 27, 2022 |archive-date=June 27, 2022 |archive-url=https://web.archive.org/web/20220627150726/https://www.usatoday.com/story/money/business/2012/10/30/disney-star-wars-lucasfilm/1669739/ |url-status=live }}</ref><ref>{{Cite web |date=December 21, 2012 |title=Disney Completes Acquisition Of Lucasfilm |url=https://deadline.com/2012/12/disney-lucas-film-aquisition-complete-393480/ |url-status=live |archive-url=https://web.archive.org/web/20131109054204/http://www.deadline.com/2012/12/disney-lucas-film-aquisition-complete/ |archive-date=November 9, 2013 |access-date=September 14, 2013 |website=Deadline Hollywood}}</ref> In February 2012, Disney completed its acquisition of [[UTV Software Communications]], expanding its market into India and the rest of Asia.<ref>{{Cite news |date=February 2, 2012 |title=Disney to pay up to 1,100 rupees/shr to delist India's UTV |work=Reuters |url=https://www.reuters.com/article/waltdisney-utv-delist/disney-to-pay-up-to-1100-rupees-shr-to-delist-indias-utv-idUSL4E8D21G120120202 |access-date=July 27, 2012 |archive-date=July 26, 2022 |archive-url=https://web.archive.org/web/20220726224005/https://www.reuters.com/article/waltdisney-utv-delist/disney-to-pay-up-to-1100-rupees-shr-to-delist-indias-utv-idUSL4E8D21G120120202 |url-status=live }}</ref> By March, Iger became Disney's chairman.<ref>{{Cite news |last=Lieberman |first=David |date=March 1, 2012 |title=Investor Service Blasts Disney For Giving CEO Bob Iger Too Much Pay And Power |work=Deadline Hollywood |url=https://deadline.com/2012/03/investor-service-blasts-disney-for-giving-ceo-bob-iger-too-much-pay-and-power-238431/ |access-date=July 28, 2022 |archive-date=July 28, 2022 |archive-url=https://web.archive.org/web/20220728181231/https://deadline.com/2012/03/investor-service-blasts-disney-for-giving-ceo-bob-iger-too-much-pay-and-power-238431/ |url-status=live }}</ref> Marvel film ''[[The Avengers (2012 film)|The Avengers]]'' became the third-highest-grossing film of all time with an initial-release gross of $1.3 billion.<ref>{{Cite news |last=McClintock |first=Pamela |date=June 2, 2012 |title=Box Office Milestone: ''The Avengers'' Becomes No. 3 Pic of All Time With $1.331 Billion |work=The Hollywood Reporter |url=https://www.hollywoodreporter.com/movies/movie-news/box-office-milestone-avengers-number-three-332331/ |access-date=July 27, 2022 |archive-date=March 31, 2022 |archive-url=https://web.archive.org/web/20220331111109/https://www.hollywoodreporter.com/movies/movie-news/box-office-milestone-avengers-number-three-332331/ |url-status=live }}</ref> Making over $1.2 billion at the box office, the Marvel film ''[[Iron Man 3]]'' was released in 2013.<ref>{{Cite web |last=Howard |first=Kirsten |date=November 25, 2019 |title=Why Marvel Decided Against Iron Man 4 |url=https://www.denofgeek.com/movies/why-marvel-decided-against-iron-man-4/ |access-date=July 27, 2022 |website=Den of Geek |archive-date=July 27, 2022 |archive-url=https://web.archive.org/web/20220727014529/https://www.denofgeek.com/movies/why-marvel-decided-against-iron-man-4/ |url-status=live }}</ref> The same year, Disney's animated film ''[[Frozen (2013 film)|Frozen]]'' was released and became the highest-grossing animated film of all time at $1.2 billion.<ref>{{Cite magazine |last=Ray |first=Amber |date=March 30, 2014 |title=''Frozen'' becomes the highest-grossing animated film of all time |url=https://ew.com/article/2014/03/30/frozen-highest-grossing-animated-film/ |access-date=July 17, 2022 |magazine=Entertainment Weekly |archive-date=July 27, 2022 |archive-url=https://web.archive.org/web/20220727014529/https://ew.com/article/2014/03/30/frozen-highest-grossing-animated-film/ |url-status=live }}</ref><ref>{{Cite web |title=''Frozen'' (2013) |url=https://www.boxofficemojo.com/title/tt2294629/ |access-date=July 27, 2022 |website=Box Office Mojo |publisher=IMDbPro |archive-date=August 9, 2014 |archive-url=https://web.archive.org/web/20140809232736/http://www.boxofficemojo.com/movies/?page=intl&id=frozen2013.htm |url-status=live }}</ref> Merchandising for the film became so popular it made the company $1 billion within a year, and a global shortage of merchandise for the film occurred.<ref>{{Cite news |last=Appelbaum |first=Binyamin |author-link=Binyamin Appelbaum |date=November 18, 2014 |title=How Disney Turned ''Frozen'' Into a Cash Cow |work=The New York Times |url=https://www.nytimes.com/2014/11/23/magazine/how-disney-turned-frozen-into-a-cash-cow.html |url-access=limited |access-date=July 27, 2022 |archive-date=November 18, 2014 |archive-url=https://web.archive.org/web/20141118192741/http://www.nytimes.com/2014/11/23/magazine/how-disney-turned-frozen-into-a-cash-cow.html |url-status=live }}</ref><ref>{{Cite magazine |last=Rich |first=Katey |date=April 15, 2014 |title=The Global Shortage of ''Frozen'' Merchandise Is Making Little Girls Cry |magazine=Vanity Fair |url=https://www.vanityfair.com/hollywood/2014/04/frozen-merchandise-shortage |url-access=limited |access-date=July 27, 2022 |archive-date=July 27, 2021 |archive-url=https://web.archive.org/web/20210727010904/https://www.vanityfair.com/hollywood/2014/04/frozen-merchandise-shortage |url-status=live }}</ref> In March 2013, Iger announced Disney had no 2D animation films in development, and a month, later the hand-drawn animation division was closed, and several veteran animators were laid off.<ref name="TraditionalAnimation" /> On March 24, 2014, Disney acquired [[Maker Studios]], an active [[multi-channel network]] on [[YouTube]], for $950 million.<ref>{{Cite web |last=Spangler |first=Todd |date=March 28, 2014 |title=Fresh Off Disney Deal, Maker Studios Comes to Cable TV (Exclusive) |url=https://variety.com/2014/digital/news/fresh-off-disney-deal-maker-studios-comes-to-cable-tv-exclusive-1201149432/ |url-status=live |archive-url=https://web.archive.org/web/20140329223358/http://variety.com/2014/digital/news/fresh-off-disney-deal-maker-studios-comes-to-cable-tv-exclusive-1201149432/ |archive-date=March 29, 2014 |access-date=July 27, 2022 |website=Variety}}</ref> In June 2015, the company stated its consumer products and interactive divisions would merge to become new a subsidiary called [[Disney Consumer Products and Interactive Media]].<ref>{{Cite web |last=Rainey |first=James |date=June 29, 2015 |title=Disney Merges Its Consumer Products and Interactive Divisions |url=https://variety.com/2015/biz/news/disney-merges-consumer-products-interactive-1201530606/ |access-date=July 27, 2022 |website=Variety |archive-date=July 3, 2015 |archive-url=https://web.archive.org/web/20150703001428/http://variety.com/2015/biz/news/disney-merges-consumer-products-interactive-1201530606/ |url-status=live }}</ref> In August, Marvel Studios was placed under the Walt Disney Studios division.<ref>{{Cite news |last1=Masters |first1=Kim |last2=Belloni |first2=Matthew |date=August 31, 2015 |title=Marvel Shake-Up: Film Chief Kevin Feige Breaks Free of CEO Ike Perlmutter (Exclusive) |work=The Hollywood Reporter |url=https://www.hollywoodreporter.com/news/marvel-shake-up-film-chief-819205 |url-status=live |access-date=July 27, 2022 |archive-url=https://web.archive.org/web/20150903181746/http://www.hollywoodreporter.com/news/marvel-shake-up-film-chief-819205 |archive-date=September 3, 2015}}</ref> The company's 2015 releases include the successful animated film ''[[Inside Out (2015 film)|Inside Out]],'' which grossed over $800 million, and the Marvel film ''[[Avengers: Age of Ultron]]'', which grossed over $1.4 billion.<ref>{{Cite web |title=2015 Worldwide Box Office |url=https://www.boxofficemojo.com/year/world/2015/ |url-status=live |archive-url=https://web.archive.org/web/20200818152249/https://www.boxofficemojo.com/year/world/2015/ |archive-date=August 18, 2020 |access-date=April 21, 2023 |website=[[Box Office Mojo]]}}</ref> ''[[Star Wars: The Force Awakens]]'' was released and grossed over $2 billion, making it the third-highest-grossing film of all time.<ref>{{Cite magazine |last=Coggan |first=Devin |date=February 7, 2016 |title=''Star Wars: The Force Awakens'' crosses $2 billion worldwide |url=https://ew.com/article/2016/02/07/star-wars-force-awakens-box-office/ |access-date=July 27, 2022 |magazine=Entertainment Weekly |archive-date=October 26, 2021 |archive-url=https://web.archive.org/web/20211026154808/https://ew.com/article/2016/02/07/star-wars-force-awakens-box-office/ |url-status=live }}</ref> On April 4, 2016, Disney announced COO [[Thomas O. Staggs]], who was thought to be next in line after Iger, would leave in May, ending his 26-year career with Disney.<ref name="NYT-Mutual">{{Cite news |last=Barnes |first=Brooks |date=April 5, 2016 |title=Thomas Staggs, Disney's Heir Apparent, Is Stepping Down |work=The New York Times |url=https://www.nytimes.com/2016/04/05/business/media/thomas-staggs-walt-disney-company.html |url-status=live |url-access=limited |access-date=July 27, 2022 |archive-url=https://web.archive.org/web/20170127055426/https://www.nytimes.com/2016/04/05/business/media/thomas-staggs-walt-disney-company.html |archive-date=January 27, 2017}}</ref> Shanghai Disneyland opened on June 16, 2016, as the company's sixth theme-park resort.<ref>{{Cite news |last=Levine |first=Arthur |date=June 23, 2016 |title=Bob Iger: Shanghai Disney isn't just Disneyland in China |work=USA Today |url=https://www.usatoday.com/story/travel/experience/america/2016/06/23/bob-iger-interview-shanghai-disney-resort-opening/86253624/ |access-date=July 27, 2022 |archive-date=July 27, 2022 |archive-url=https://web.archive.org/web/20220727162527/https://www.usatoday.com/story/travel/experience/america/2016/06/23/bob-iger-interview-shanghai-disney-resort-opening/86253624/ |url-status=live }}</ref> In a move to start a streaming service, Disney bought 33% of the stock in [[Major League Baseball]] technology company [[Bamtech]] for $1 billion in August.<ref>{{Cite news |last=Castillo |first=Michelle |date=August 9, 2016 |title=Why Disney is spending $1 billion on the MLB's technology unit |work=[[CNBC]] |url=https://www.cnbc.com/2016/08/09/how-disney-mlb-advanced-media-deal-sets-them-up-for-the-future.html |access-date=July 27, 2022 |archive-date=July 27, 2022 |archive-url=https://web.archive.org/web/20220727194038/https://www.cnbc.com/2016/08/09/how-disney-mlb-advanced-media-deal-sets-them-up-for-the-future.html |url-status=live }}</ref> In 2016, four Disney film releases made over $1 billion; these were the animated film ''[[Zootopia]]'', Marvel film ''[[Captain America: Civil War]]'', Pixar film ''[[Finding Dory]],'' and ''[[Rogue One: A Star Wars Story]],'' making Disney the first studio to surpass $3 billion at the domestic box office.<ref>{{Cite web |last=Doty |first=Meriah |date=January 3, 2017 |title=Disney Becomes First Studio to Top $3 Billion at Domestic Box Office |url=https://www.thewrap.com/disney-becomes-first-studio-top-3-billion-domestic-box-office/ |access-date=July 27, 2022 |website=TheWrap |archive-date=July 27, 2022 |archive-url=https://web.archive.org/web/20220727194035/https://www.thewrap.com/disney-becomes-first-studio-top-3-billion-domestic-box-office/ |url-status=live }}</ref><ref>{{Cite news |last=Whitten |first=Sarah |date=December 19, 2016 |title=''Rogue One'' could be Disney's fourth billion-dollar film of 2016 |work=CNBC |url=https://www.cnbc.com/2016/12/19/rogue-one-could-be-disneys-fourth-billion-dollar-film-of-2016.html |access-date=July 27, 2022 |archive-date=July 27, 2022 |archive-url=https://web.archive.org/web/20220727194659/https://www.cnbc.com/2016/12/19/rogue-one-could-be-disneys-fourth-billion-dollar-film-of-2016.html |url-status=live }}</ref> Disney made an attempt to buy social media platform [[Twitter]] to market their content and merchandise but canceled the deal. Iger stated this was because he thought Disney would be taking on responsibilities it did not need and that it did not "feel Disney" to him.<ref>{{Cite news |last=Clifford |first=Tyler |date=September 24, 2019 |title=Disney CEO Bob Iger tells Jim Cramer why he had second thoughts on a Twitter deal β 'I got cold feet for the right reasons' |work=CNBC |url=https://www.cnbc.com/2019/09/24/disney-bob-iger-on-not-buying-twitter-i-got-cold-feet.html |access-date=July 27, 2022 |archive-date=November 22, 2021 |archive-url=https://web.archive.org/web/20211122015203/https://www.cnbc.com/2019/09/24/disney-bob-iger-on-not-buying-twitter-i-got-cold-feet.html |url-status=live }}</ref> On March 23, 2017, Disney announced Iger had agreed to a one-year extension as CEO to July 2019, and to remain as a consultant for three years.<ref>{{Cite news |last=Lieberman |first=David |date=August 17, 2017 |title=Disney Extends Terms For Four Top Execs Ahead Of Bob Iger's 2019 Exit |work=Deadline Hollywood |url=https://deadline.com/2017/08/disney-extends-terms-four-top-execs-ahead-bob-iger-2019-exit-1202151374/ |url-status=live |access-date=July 28, 2022 |archive-url=https://web.archive.org/web/20171004022608/http://deadline.com/2017/08/disney-extends-terms-four-top-execs-ahead-bob-iger-2019-exit-1202151374/ |archive-date=October 4, 2017}}</ref><ref>{{Cite news |last=Lieberman |first=David |date=March 23, 2017 |title=Disney Extends Bob Iger's Contract To July 2019 |work=Deadline Hollywood |url=https://deadline.com/2017/03/disney-extends-bob-iger-contract-july-2019-1202049671/ |url-status=live |access-date=July 28, 2022 |archive-url=https://web.archive.org/web/20170630205330/http://deadline.com/2017/03/disney-extends-bob-iger-contract-july-2019-1202049671/ |archive-date=June 30, 2017}}</ref> On August 8, 2017, Disney announced it would be ending its distribution deal with [[Netflix]], with the intent of launching its own streaming platform by 2019. During that time, Disney paid $1.5 billion to acquire a 75% stake in BAMtech. Disney planned to start an ESPN streaming service with about "10,000 live regional, national, and international games and events a year" by 2018.<ref>{{Cite news |last=Jacob |first=Kastrenakes |date=August 8, 2017 |title=Disney to end Netflix deal and launch its own streaming service |work=[[The Verge]] |url=https://www.theverge.com/2017/8/8/16115254/disney-launching-streaming-service-ending-netflix-deal |access-date=July 27, 2022 |archive-date=April 6, 2018 |archive-url=https://web.archive.org/web/20180406102020/https://www.theverge.com/2017/8/8/16115254/disney-launching-streaming-service-ending-netflix-deal |url-status=live }}</ref><ref>{{Cite news |last=Castillo |first=Michelle |date=August 8, 2017 |title=Disney will pull its movies from Netflix and start its own streaming services |work=CNBC |url=https://www.cnbc.com/2017/08/08/disney-will-pull-its-movies-from-netflix-and-start-its-own-streaming-services.html |access-date=July 17, 2022 |archive-date=May 30, 2022 |archive-url=https://web.archive.org/web/20220530093254/https://www.cnbc.com/2017/08/08/disney-will-pull-its-movies-from-netflix-and-start-its-own-streaming-services.html |url-status=live }}</ref> In November, CCO John Lasseter said he would take a 6-month absence because of "missteps", reported to be sexual misconduct allegations.<ref>{{Cite news |last=Zeitchik |first=Steven |date=November 21, 2017 |title=Disney animation guru John Lasseter takes leave after sexual misconduct allegations |newspaper=The Washington Post |url=https://www.washingtonpost.com/news/business/wp/2017/11/21/disney-animation-guru-john-lasseter-takes-leave-after-sexual-misconduct-allegations/ |url-access=limited |access-date=July 27, 2022 |archive-date=June 12, 2018 |archive-url=https://web.archive.org/web/20180612143555/https://www.washingtonpost.com/news/business/wp/2017/11/21/disney-animation-guru-john-lasseter-takes-leave-after-sexual-misconduct-allegations/ |url-status=live }}</ref> The same month, Disney and [[21st Century Fox]] started negotiating a deal in which [[Acquisition of 21st Century Fox by Disney|Disney would acquire most of Fox's assets]].<ref>{{Cite news |last=Faber |first=David |author-link=David Faber (journalist) |date=November 6, 2017 |title=21st Century Fox has been holding talks to sell most of the company to Disney: Sources |work=CNBC |url=https://www.cnbc.com/2017/11/06/21st-century-fox-has-been-holding-talks-to-sell-most-of-company-to-disney-sources.html |access-date=July 27, 2022 |archive-date=July 6, 2018 |archive-url=https://web.archive.org/web/20180706021750/https://www.cnbc.com/2017/11/06/21st-century-fox-has-been-holding-talks-to-sell-most-of-company-to-disney-sources.html |url-status=live }}</ref> Beginning in March 2018, a reorganization of the company led to the creation of business segments [[Disney Parks, Experiences and Products]] and [[Walt Disney Direct-to-Consumer & International|Direct-to-Consumer & International]]. Parks & Consumer Products was primarily a merger of Parks & Resorts and Consumer Products & Interactive Media, while Direct-to-Consumer & International took over for Disney International and global sales, distribution, and streaming units from Disney-ABC TV Group and Studios Entertainment plus Disney Digital Network.<ref>{{Cite news |last=Wang |first=Christine |date=March 14, 2018 |title=Disney announces strategic reorganization, effective immediately |publisher=CNBC |url=https://www.cnbc.com/2018/03/14/disney-announces-strategic-reorganization-effective-immediately.html |url-status=live |access-date=March 14, 2018 |archive-url=https://web.archive.org/web/20180315003632/https://www.cnbc.com/2018/03/14/disney-announces-strategic-reorganization-effective-immediately.html |archive-date=March 15, 2018}}</ref> Iger described it as "strategically positioning our businesses" while according to ''[[The New York Times]]'', the reorganization was done in expectation of the 21st Century Fox purchase.<ref>{{Cite news |last=Barnes |first=Brooks |date=March 14, 2018 |title=Disney Reorganization Anticipates 21st Century Fox Assets |work=The New York Times |url=https://www.nytimes.com/2018/03/14/business/media/walt-disney-21st-century-fox.html |access-date=March 14, 2018 |archive-url=https://web.archive.org/web/20180314231057/https://www.nytimes.com/2018/03/14/business/media/walt-disney-21st-century-fox.html |archive-date=March 14, 2018 |url-access=limited}}</ref> In 2017, two of Disney's films had revenues of over $1 billion; the live-action ''[[Beauty and the Beast (2017 film)|Beauty and the Beast]]'' and ''[[Star Wars: The Last Jedi]]''.<ref>{{Cite news |last=D'Alessandro |first=Anthony |date=March 29, 2017 |title=No. 1 ''Star Wars: The Last Jedi'' Box Office Profits β 2017 Most Valuable Blockbuster Tournament |work=Deadline Hollywood |url=https://deadline.com/2018/03/star-wars-the-last-jedi-box-office-movie-profits-1202351603/ |access-date=July 27, 2022 |archive-date=March 28, 2018 |archive-url=https://web.archive.org/web/20180328205702/http://deadline.com/2018/03/star-wars-the-last-jedi-box-office-movie-profits-1202351603/ |url-status=live }}</ref><ref>{{Cite web |last=Goldberg |first=Matt |date=April 13, 2017 |title=''Beauty and the Beast'' Waltzes to $1 Billion at the Worldwide Box Office |url=https://collider.com/beauty-and-the-beast-1-billion-box-office/ |access-date=July 17, 2022 |website=Collider |archive-date=July 28, 2022 |archive-url=https://web.archive.org/web/20220728022516/https://collider.com/beauty-and-the-beast-1-billion-box-office/ |url-status=live }}</ref> Disney launched subscription sports streaming service [[ESPN+]] on April 12.<ref>{{Cite news |last=Perez |first=A.J. |date=April 2, 2018 |title=ESPN to launch streaming service ESPN+ on April 12 |work=USA Today |url=https://www.usatoday.com/story/sports/2018/04/02/espn-launch-april-espn-plus-streaming-service/478560002/ |access-date=July 28, 2022 |archive-date=June 13, 2021 |archive-url=https://web.archive.org/web/20210613214315/https://www.usatoday.com/story/sports/2018/04/02/espn-launch-april-espn-plus-streaming-service/478560002/ |url-status=live }}</ref> In June 2018, Lasseter's departure by the end of the year was announced; he would stay as a consultant until then.<ref>{{Cite news |last=Barnes |first=Brooks |date=June 8, 2018 |title=Pixar co-founder to leave Disney after 'missteps' |work=CNBC |agency=The New York Times |url=https://www.cnbc.com/2018/06/08/pixar-co-founder-john-lasseter-to-leave-disney-after-missteps.html |access-date=July 27, 2018 |archive-date=June 10, 2018 |archive-url=https://web.archive.org/web/20180610011948/https://www.cnbc.com/2018/06/08/pixar-co-founder-john-lasseter-to-leave-disney-after-missteps.html |url-status=live }}</ref> To replace him; Disney promoted [[Jennifer Lee (filmmaker)|Jennifer Lee]], co-director of ''Frozen'' and co-writer of [[Wreck-It Ralph]] (2012), as head of Walt Disney Animation Studios; and [[Pete Docter]], who had been with Pixar since 1990 and directed Up, Monsters'', Inc.'', and ''Inside Out'', as head of Pixar.<ref>{{Cite news |last=Faughnder |first=Ryan |date=June 19, 2022 |title=Disney picks two animation filmmakers to replace John Lasseter |work=Los Angeles Times |url=https://www.latimes.com/business/hollywood/la-fi-ct-disney-pixar-leaders-20180619-story.html |url-access=limited |access-date=July 28, 2022 |archive-date=February 7, 2022 |archive-url=https://web.archive.org/web/20220207202637/https://www.latimes.com/business/hollywood/la-fi-ct-disney-pixar-leaders-20180619-story.html |url-status=live }}</ref><ref>{{Cite news |last=Burt |first=Kayti |date=June 19, 2018 |title=Jennifer Lee, Pete Docter to Replace John Lasseter at Disney, Pixar |work=Den of Geek |url=https://www.denofgeek.com/movies/jennifer-lee-pete-docter-to-replace-john-lasseter-at-disney-pixar/ |access-date=July 28, 2022 |archive-date=May 6, 2021 |archive-url=https://web.archive.org/web/20210506183040/https://www.denofgeek.com/movies/jennifer-lee-pete-docter-to-replace-john-lasseter-at-disney-pixar/ |url-status=live }}</ref> [[Comcast]] offered to buy 21st Century Fox for $65 billion over Disney's $51 billion bid but withdrew its offer after Disney countered with a $71 billion bid. Disney obtained [[AntiTrust|antitrust]] approval from the [[United States Department of Justice]] to acquire Fox.<ref>{{Cite news |last=Gartenberg |first=Chaim |date=July 19, 2018 |title=Comcast gives up on buying 21st Century Fox assets and leaves Disney as the winner |work=The Verge |url=https://www.theverge.com/2018/7/19/17590058/comcast-21st-century-fox-bid-withdrawn-disney-rights |access-date=July 28, 2022 |archive-date=July 19, 2018 |archive-url=https://web.archive.org/web/20180719160419/https://www.theverge.com/2018/7/19/17590058/comcast-21st-century-fox-bid-withdrawn-disney-rights |url-status=live }}</ref><ref>{{Cite news |last=Atkinson |first=Claire |date=June 13, 2018 |title=Comcast offers $65 billion for 21st Century Fox assets |work=NBC News |url=https://www.nbcnews.com/business/business-news/comcast-offers-65-billion-twenty-first-century-fox-assets-n882871 |access-date=July 28, 2022 |archive-date=November 9, 2020 |archive-url=https://web.archive.org/web/20201109035842/https://www.nbcnews.com/business/business-news/comcast-offers-65-billion-twenty-first-century-fox-assets-n882871 |url-status=live }}</ref> Disney again made $7 billion at the box office with three film that made $1 billion; Marvel films ''[[Black Panther (film)|Black Panther]] and [[Avengers: Infinity War]]''βthe latter taking over $2 billion and becoming the fifth-highest-grossing film everβ and Pixar film ''[[Incredibles 2]]''.<ref>{{Cite news |last=McNary |first=Dave |author-link=Dave McNary |date=June 12, 2018 |title=''Avengers: Infinity War'' Soars to $2 Billion at Worldwide Box Office |work=Variety |url=https://variety.com/2018/film/news/avengers-infinity-war-2-billion-box-office-1202842669/ |access-date=July 28, 2022 |archive-date=June 13, 2018 |archive-url=https://web.archive.org/web/20180613122048/https://variety.com/2018/film/news/avengers-infinity-war-2-billion-box-office-1202842669/ |url-status=live }}</ref><ref>{{Cite news |date=May 13, 2018 |title=''Avengers: Infinity War'' now 5th highest grossing film of all time worldwide |work=CBS News |agency=Associated Press |url=https://www.cbsnews.com/news/disney-marvel-avengers-infinity-war-5th-highest-grossing-film-worldwide-2018-05-13/ |access-date=July 28, 2022 |archive-date=November 9, 2020 |archive-url=https://web.archive.org/web/20201109031628/https://www.cbsnews.com/news/disney-marvel-avengers-infinity-war-5th-highest-grossing-film-worldwide-2018-05-13/ |url-status=live }}</ref> [[File:Disney+ 2024.svg|thumb|right|alt=blue letters with a plus sign at the end and an arch above the letters|Disney's video streaming subscription service Disney+ was launched in 2019, which has a total of over 135 million subscriptions as of June 2022.]] On March 20, 2019, Disney acquired 21st Century Fox's assets for $71 billion from [[Rupert Murdoch]], making it the biggest acquisition in Disney's history. After the purchase, ''The New York Times'' described Disney as "an entertainment colossus the size of which the world has never seen".<ref>{{Cite news |last=Barnes |first=Brooks |date=March 20, 2019 |title=Disney Moves From Behemoth to Colossus With Closing of Fox Deal |work=The New York Times |url=https://www.nytimes.com/2019/03/20/business/media/walt-disney-21st-century-fox-deal.html |url-access=limited |access-date=July 28, 2022 |archive-date=May 3, 2022 |archive-url=https://web.archive.org/web/20220503011735/https://www.nytimes.com/2019/03/20/business/media/walt-disney-21st-century-fox-deal.html |url-status=live }}</ref> Through the acquisition, Disney gained [[20th Century Fox]]; [[20th Century Fox Television]]; [[Fox Searchlight Pictures]]; [[National Geographic Partners]]; [[Fox Networks Group]]; Indian television broadcaster [[Star India]]; streaming service [[Disney+ Hotstar|Hotstar]]; and a 30% stake in Hulu, bringing its ownership on Hulu to 60%. [[Fox Corporation]] and its assets were excluded from the deal because of antitrust laws.<ref>{{Cite news |last=James |first=Emily St. |date=March 20, 2019 |title=Here's what Disney owns after the massive Disney/Fox merger |work=[[Vox (website)|Vox]] |url=https://www.vox.com/culture/2019/3/20/18273477/disney-fox-merger-deal-details-marvel-x-men |access-date=July 28, 2022 |archive-date=March 20, 2019 |archive-url=https://web.archive.org/web/20190320213129/https://www.vox.com/culture/2019/3/20/18273477/disney-fox-merger-deal-details-marvel-x-men |url-status=live }}</ref><ref>{{Cite news |last=Hayes |first=Dade |date=February 23, 2021 |title=Disney Plus Launches Star, A Streaming Outlet With More Grown-Up Fare, In Europe And Other Global Territories |work=Deadline Hollywood |url=https://deadline.com/2021/02/disney-launches-star-streaming-service-grown-up-beefs-up-parental-controls-1234698813/ |access-date=August 9, 2022 |archive-date=August 10, 2022 |archive-url=https://web.archive.org/web/20220810011430/https://deadline.com/2021/02/disney-launches-star-streaming-service-grown-up-beefs-up-parental-controls-1234698813/ |url-status=live }}</ref> Disney became the first film studio to have seven films gross $1 billion: Marvel's ''[[Captain Marvel (film)|Captain Marvel]],'' the live action ''[[Aladdin (2019 film)|Aladdin]],'' Pixar's ''[[Toy Story 4]],'' the CGI remake of ''[[The Lion King (2019 film)|The Lion King]], [[Star Wars: The Rise of Skywalker]],'' and the highest-grossing film of all time up to that point at $2.8 billion ''[[Avengers: Endgame]]''.<ref>{{Cite news |last=Coyle |first=Jack |date=December 31, 2019 |title=In 2019, the box office belonged to Disney |work=Associated Press |url=https://apnews.com/article/entertainment-us-news-ap-top-news-canada-movies-1eef5653bdf27f2cb1a99b56ba18cfc5 |access-date=July 28, 2022 |archive-date=December 15, 2021 |archive-url=https://web.archive.org/web/20211215030134/https://apnews.com/article/entertainment-us-news-ap-top-news-canada-movies-1eef5653bdf27f2cb1a99b56ba18cfc5 |url-status=live }}</ref><ref>{{Cite news |last=Tartaglione |first=Nancy |date=March 13, 2021 |title=''Avatar'' Overtakes ''Avengers: Endgame'' As All-Time Highest-Grossing Film Worldwide; Rises To $2.8B Amid China Reissue β Update |url=https://deadline.com/2021/03/avatar-overtakes-avengers-endgame-highest-grossing-film-all-time-worldwide-box-office-china-james-cameron-disney-1234713788/ |url-status=live |archive-url=https://web.archive.org/web/20210313180044/https://deadline.com/2021/03/avatar-overtakes-avengers-endgame-highest-grossing-film-all-time-worldwide-box-office-china-james-cameron-disney-1234713788/ |archive-date=March 13, 2021 |access-date=September 15, 2022 |work=Deadline Hollywood}}</ref> On November 12, Disney's [[Video on demand#Subscription models|subscription video on-demand]] [[Over-the-top media service|over-the-top]] streaming service [[Disney+]], which had 500 movies and 7,500 episodes of television shows from Disney, Pixar, Marvel, ''Star Wars'', [[National Geographic]], and other brands, was launched in the US, Canada and the Netherlands. Within the first day, the streaming platform had over 10 million subscriptions; and by 2022 it had over 135 million and was available in over 190 countries.<ref>{{Cite news |last=Sprangler |first=Todd |date=November 13, 2019 |title=Disney Says Disney Plus Has Over 10 Million Sign-Ups After Launch Day |work=Variety |url=https://variety.com/2019/digital/news/disney-says-disney-plus-has-over-10-million-signups-1203403515/ |access-date=July 28, 2022 |archive-date=November 13, 2019 |archive-url=https://web.archive.org/web/20191113172427/https://variety.com/2019/digital/news/disney-says-disney-plus-has-over-10-million-signups-1203403515/ |url-status=live }}</ref><ref>{{Cite news |last=Pierce |first=David |date=June 14, 2022 |title=Disney Plus is now live in more than 50 new countries and territories |work=The Verge |url=https://www.theverge.com/2022/6/14/23167230/disney-plus-new-countries-europe-africa-asia |access-date=July 28, 2022 |archive-date=June 17, 2022 |archive-url=https://web.archive.org/web/20220617073512/https://www.theverge.com/2022/6/14/23167230/disney-plus-new-countries-europe-africa-asia |url-status=live }}</ref> At the beginning of 2020, Disney removed the Fox name from its assets, rebranding them as 20th Century Studios and Searchlight Pictures.<ref>{{Cite news |last=Vary |first=Adam |date=January 17, 2020 |title=Disney Drops Fox Name, Will Rebrand as 20th Century Studios, Searchlight Pictures |work=Variety |url=https://variety.com/2020/film/news/disney-dropping-fox-20th-century-studios-1203470349/ |access-date=July 28, 2022 |archive-date=January 19, 2020 |archive-url=https://web.archive.org/web/20200119154738/https://variety.com/2020/film/news/disney-dropping-fox-20th-century-studios-1203470349/ |url-status=live }}</ref>
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