Joining AB-PT as Disneyland investors were Walt Disney Productions (WDP), Western Publishing and Walt Disney. American Broadcasting-Paramount Theatres (AB-PT) agreed to the Disneyland, Inc. With the WED concept designs and prospectus for Disneylandia, Roy Disney in September 1953 met with TV networks in a deal for Disney-produced TV show and Disneyland investment. (DLI) in 1951 and agreed to a design deal in March 1953 with WED Enterprises (WED), Walt's personal corporation, which then included what would now be called Walt Disney Imagineering. As the Disneylandia project started to become a reality, Walt Disney Productions at Walt's request set up Disneyland, Inc.

Originally, entry into the theme park and travel business was a side project of Walt Disney himself. In September 2020, Disney Parks, Experiences and Products laid off 28,000 employees in wake of the COVID-19 pandemic. In March 2018, Disney Consumer Products and Interactive Media was merged into Parks and Resorts and renamed Disney Parks, Experiences and Products. It is Disney's largest business segment by employee headcount, with approximately 130,000 of the company's 180,000 employees as of 2015. Led by Josh D'Amaro, the company's theme parks hosted over 157.3 million guests, making Disney Parks the world's most visited theme park company worldwide, with United Kingdom-based Merlin Entertainments coming in second at 67 million guests. It was founded on April 1, 1971, exactly six months before the opening of Walt Disney World.

Disney Experiences, commonly known as Disney Parks, is one of the three major divisions of The Walt Disney Company.

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