The answer to your question is True.
In fact, has<u> sixteen tv channels</u> and they reach <u>140 countries</u>. The Walt Disney Company was created with its animated characters and grew into other business with the purpose of bringing happiness to people.
In 1923, Walter and Roy Disney founded the <u>Disney Brothers studio</u> which became <u>The Walt Disney Company</u>. Nowadays, most of the tv productions are transmitted in <u>Disney Channel, Disney Junior, Disney XD and ABC</u>.