Disneyland, Inc. was a joint venture corporation, incorporated in 1951, to finance, build and run Disneyland in Anaheim, California. The company owned and operated the park from its opening on July 17, 1955, until 1960, when Walt Disney Productions assumed full ownership of the company.
Partners[]
Walt Disney Productions (WDP) and American Broadcasting-Paramount Theaters (then-parent company of ABC) each owned 34.48% of the company, with Walt Disney owning 16.55% and Western Publishing owning 13.8%.
American Broadcasting-Paramount Theaters (AB-PT/ABC) invested $500,000 into Disneyland, Inc., while guaranteeing a $4.5 million bank loan and the weekly Disneyland television series to run on its ABC television network.
Walt Disney Productions purchased Walt Disney's and Western Publishing's shares on May 1, 1959. With the exception of the Santa Fe & Disneyland Railroad and Disneyland-ALWEG Monorail System, which remained under Walt Disney's personal ownership through his Retlaw Enterprises company, Disneyland finally became fully owned by Walt Disney Productions in June 1960, when WDP acquired AB-PT's share for approximately $7.5 million.
In 1982, Walt Disney Productions would acquire Retlaw Enterprises, by then under control of Walt Disney's family, for $42.6 million, bringing the Disneyland Railroad and Disneyland Monorail System under company ownership.
In 1996, The Walt Disney Company (formerly Walt Disney Productions) would acquire the ABC television network, its original Disneyland, Inc. partner.