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==Business==

==Business==

*[[Michael Eisner]] is hired as the CEO of [[Walt Disney Productions]]. He had previously worked as the head of [[ABC]] and then of Paramount Pictures. He would eventually bring ABC under Disney's ownership. He is most often credited with the company's turnaround in the late 1980s and early 1990s and, ironically, its subsequent downfall in the late 1990s and early 2000s. He would leave the company in [[2005]].

*[[Michael Eisner]] is hired as the CEO of [[Walt Disney Productions]]. He had previously worked as the head of [[ABC]] and then of Paramount Pictures. He would eventually bring ABC under Disney's ownership. He is most often credited with the company's turnaround in the late 1980s and early 1990s and, ironically, its subsequent downfall in the late 1990s and early 2000s. He would leave the company in [[2005]].

*Frank Wells becomes the president of Walt Disney Productions. He will served until his death on April 3, [[1994]].

*This was the first year in Disney history where no feature films were released from the Disney studio, which could be because of the change in ownership.

*This was the first year in Disney history where no feature films were released from the Disney studio, which could be because of the change in ownership.

*[[December 5]] - [[Walt Disney Television Animation]] is established as a subsidiary of Walt Disney Productions.

*[[December 5]] - [[Walt Disney Television Animation]] is established as a subsidiary of Walt Disney Productions.