A Look at Laugh-O-Gram Films, the Business Walt Disney Bankrupted
In the past week, we’ve talked about the phenomenal success of an investor who bought shares of Walt Disney Productions (now called The Walt Disney Company), a decision that would have turned a 1,000 share position costing $13,880 into somewhere between $26,672,640 and $40,000,000 between 1957 and 2013. We even looked inside the secret family holding company, WED Enterprises, Walt Disney used to build his own family’s wealth and retain power. Most people don’t know that before those two firms, there was another that changed the direction of Walt Disney’s life. It did not enjoy a fairy tale ending but it did lay the foundation for the things that came much later.