Retlaw Enterprises
Encyclopedia
Retlaw Enterprises is a privately held company owned by the heirs of entertainment mogul Walt Disney
. Disney formed the company to control the rights to his name and to manage two Disneyland attractions that he personally owned. It is the successor company to WED Enterprises.
and the Disneyland Monorail
, that Disney personally owned. The theme park design business, now known as Imagineering, became so integral to the Disney studio's operations that the studio bought it in January 1965.
Walt Disney kept the rights to his name and to the two theme park attractions, however, and on February 5, 1965, he assigned those properties to a new company, Retlaw Enterprises. (Retlaw is Walter spelled backwards). Retlaw paid rent for the attractions' rights-of-way and employed the attraction administrators. Walt Disney through Retlaw Enterprises also owned the Viewliner and the horse-drawn streetcars on Main Street.
It also owned the small apartment atop the fire house on Main Street, U.S.A.
Finally, in 1982, the Disney family sold the naming rights and rail-based attractions to the Disney film studio for 818,461 shares of Disney stock. The remaining divisions of Retlaw, after the majority of the company was sold to Walt's larger public company, were several television stations and real estate holdings that continue to be owned by the Disney family.
In 1999 Retlaw sold its remaining 11 television stations to Fisher Communications
, including all of the related assets to those propersties.
In 2005 the remaining divisions of Retlaw officially became part of the Walt Disney Family Foundation, a non-profit organization led by Diane Disney Miller.
Walt Disney
Walter Elias "Walt" Disney was an American film producer, director, screenwriter, voice actor, animator, entrepreneur, entertainer, international icon, and philanthropist, well-known for his influence in the field of entertainment during the 20th century. Along with his brother Roy O...
. Disney formed the company to control the rights to his name and to manage two Disneyland attractions that he personally owned. It is the successor company to WED Enterprises.
History
Retlaw was formed after Walt Disney Productions bought WED Enterprises. Walt Disney created WED Enterprises in December 1952 to oversee the design of his theme park, Disneyland. He also assigned the rights to his name and likeness to the company as well as ownership of two Disneyland attractions, the Disneyland RailroadDisneyland Railroad
The Disneyland Railroad , originally the Santa Fe & Disneyland Railroad, is a narrow gauge railroad at Disneyland, Anaheim, California, United States, that was inaugurated on the park's live television preview on July 17, 1955. This live steam railway was constructed for $240,000; each of the...
and the Disneyland Monorail
Disneyland Monorail System
The Disneyland Monorail System is an attraction and transportation system at the Disneyland Resort in Anaheim, California, USA...
, that Disney personally owned. The theme park design business, now known as Imagineering, became so integral to the Disney studio's operations that the studio bought it in January 1965.
Walt Disney kept the rights to his name and to the two theme park attractions, however, and on February 5, 1965, he assigned those properties to a new company, Retlaw Enterprises. (Retlaw is Walter spelled backwards). Retlaw paid rent for the attractions' rights-of-way and employed the attraction administrators. Walt Disney through Retlaw Enterprises also owned the Viewliner and the horse-drawn streetcars on Main Street.
It also owned the small apartment atop the fire house on Main Street, U.S.A.
Main Street, U.S.A.
Main Street, U.S.A. is the first "themed land" inside the main entrance of the many 'Magic Kingdom'-style parks run by The Walt Disney Company around the world....
Finally, in 1982, the Disney family sold the naming rights and rail-based attractions to the Disney film studio for 818,461 shares of Disney stock. The remaining divisions of Retlaw, after the majority of the company was sold to Walt's larger public company, were several television stations and real estate holdings that continue to be owned by the Disney family.
In 1999 Retlaw sold its remaining 11 television stations to Fisher Communications
Fisher Communications
Fisher Communications is a media company in the United States. Based in Seattle, Washington, the company owns a number of radio and television stations in the Western United States.- Radio Stations :- Television Stations :...
, including all of the related assets to those propersties.
In 2005 the remaining divisions of Retlaw officially became part of the Walt Disney Family Foundation, a non-profit organization led by Diane Disney Miller.