Roy O. Disney

And they obviously have a great team of people that sold the thing to some people and everybody's profiting and making whatever a billion dollars or whatever they just signed the contract for.

Yeah, well, going back to what we were talking about, Walt, Walter Elias Disney, had his brother Roy Disney.

And Walt was the idea guy, and Roy was the money guy.

And they made it work.

And when they make that move, they change it from Disney Brothers to the Walt Disney Studio.

And Roy just kind of goes along with it.

But can you imagine like how we would discuss Disney now if it were continued, you know, if it had continued to be called the Disney Brothers Studio? Be like Warner Brothers or something like that.

Like you would think about it way differently.

Yes, all these things.

Yes, all.

If you're a Laugh-O-Gram person, a Thank You Walt Disney person, and you have been to the Laugh-O-Gram studio, you've basically walked in the footsteps of Carl Stalling and Walt Disney and Roy Disney and any number of iWorks, any number of people that we talk about on the show.

Yeah, so this is very, very interesting.

A jingle was created for Ike.

Interestingly, the commercial was co-produced by Roy O. Disney, older brother of Walt Disney and CEO of the Disney Company.

The I Like Ike ad was animated and produced by Disney animators.

By 1952, 32% of the American public owned televisions, so this was the first presidential election where television played an important role.

I can definitely do that.

Incidentally, when I ended up moving to New York, I ended up rooming with her brother, Matt, and he and I are great friends.

And so occasionally I would get to go because she was working.

Milena was working in Cabaret on Broadway at the time, and she was understudying Sally Bowles.

Well, one was Mistakes Were Made.

The character's name was Felix Artifex.

And then there was another show that was also at Carpenter Square, which was called Something Intangible, where I played a character called Tony Whiston, and the story was a... pretty loose retelling of well not retelling but a loosely based telling of the relationship between Walt Disney and his brother Roy and so my character Tony was the Walt Disney analog there and then uh Craig Pruitt played the the Roy Disney character and um

that was a lot of fun

I've always said this.

Other than Roy Disney, you can't put a finance person as CEO of a theme park because they're always going to be penny pinching and they're always going to be worried about the bottom line

and you know what here's the thing is Walt Disney started made Disneyland when he had the idea for Disneyland is he's like yes but don't call it an amusement park because I don't want it to be where hey you're having to get tickets right like he there were amusement parks around those already existed right and he was like no no no this is going to be different it's an experience yes and That like I'm like Roy sure was a finance guy, but he also had the vision of Walt and a loyalty to what Walt wanted because that was his brother.

Right.

Or even better...

I would personally make a thing, like a wall, and it has pictures of all the CEOs.

And it's like Walt Disney, Roy Disney, and it goes down the line.

What if it was

... where each support each other.

Uh, there's so many times in history you can go back and look, whether it's, you know, Steve Jobs and Steve Wozniak or, uh, Warren Buffett and, uh, Charlie Munger, Roy Disney and Walt Disney.

Yes.

Henry Ford.

So I took a look at Disney.

I showed you Disney in 2003, right, where there was only one individual on the list and it was Roy Disney, and he owned 0.67%.

I showed you Disney in 2009, and at the top you saw Steve Jobs.

This is Disney in 2013.

Your time starts now.

On this day in 1923, a man named Roy Disney co-founded an entertainment company with his brother named what? [clock ticking]

Walt Disney.

What is the only US state that borders both an ocean and a Great Lake? [clock ticking]

Yeah.

Your time starts now.

On this day in 1923, a man named Roy Disney co-founded an entertainment company with his brother named what?

Yes, Walt Disney.

The Winkler Agreement gave him that route, and Disney's own historians mark the contract date as the company's official beginning.

His brother Roy joined him as a partner, bringing the financial and operational attention the studio needed.

I have sympathy for both brothers.

You need somebody creating the wonder and somebody checking whether the wonder can make payroll.

A well-attended event is a promising beginning.

A customer still paying months later is a better business result.

Which brings us back to Walt and Roy.

The distribution agreement helped Walt reach a paying audience.