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The Story of Walt Disney’s Biggest Gamble: Disneyland

The Story of Walt Disney’s Biggest Gamble: Disneyland

Summary

Walt Disney took a significant risk by creating Disneyland, which faced skepticism from those close to him, including his brother Roy and his wife Lillian. Despite financial struggles and initial rejections, Disney pushed forward, secured funding through a deal with ABC, and developed innovative designs for the park. Disneyland opened in Anaheim, California, in 1955 and became a notable success.

Key Facts

  • Walt Disney dreamed of building Disneyland, which began development in the early 1950s.
  • Disney financed the project partially by using his own money, including cashing in life insurance and selling a vacation home.
  • Disneyland was initially rejected by Burbank City Council, leading Disney to find land in Anaheim, California.
  • The ABC Television Network funded part of Disneyland's construction in exchange for a TV show and partial park ownership.
  • Walt's brother, Roy, helped secure bank loans to support the project.
  • The park's design included berms and forced perspective to create an immersive experience for visitors.
  • Construction of Disneyland began in July 1954, with the park opening a year later in July 1955.
  • Despite initial doubts, Disneyland became successful and established a new trend in theme parks.

Source Information