The Walt Disney Co. is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company's global film and episodic television content production and distribution activities. The DPEP segment includes significant lines of business like parks and experiences and consumer products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.