Walt Disney Pictures is an American film studio owned by The Walt Disney Company. Walt Disney Pictures and Television, a subsidiary of the Walt Disney Studios and the main production company for live-action feature films within the Walt Disney Motion Pictures Group, based at the Walt Disney Studios, acquires and produces output that are released under the Walt Disney Pictures and Touchstone Pictures banners.
Walt Disney Pictures is noteworthy for being the only film studio to have three films that have surpassed the $1 billion mark, these being `Pirates of the Caribbean: Dead Man's Chest` (2006), `Alice in Wonderland` (2010), and `Toy Story 3` (2010). In addition, Disney is the only major Hollywood studio which released two films in a single year (`Alice in Wonderland` and `Toy Story 3`), each of them having accumulated more than $1 billion worldwide at the box-office.
A very select amount of films by Walt Disney Pictures are distributed in Canada by another billion-dollar franchise known as Alliance Films with DVD rights to Universal Studios Home Entertainment, typically for films under Miramax Films, which was recently sold by Walt Disney Motion Pictures Group to investors.
In Russia, Mexico, Brazil, Thailand, Singapore and the Philippines, Walt Disney Pictures films had been distributed by Sony Pictures Entertainment.
In Turkey, Walt Disney Pictures films had been distributed by United International Pictures.
In UK and Ireland, Walt Disney Pictures films had already been distributed by Warner Bros. in 1988-1993, until it made it made its own label in the UK (Walt Disney Videos).