Disneyland owned by Disneyland, Inc.
History
20th century
Origins
The concept for Disneyland began when Walt Disney was visiting Griffith Park in Los Angeles with his daughters Diane and Sharon. While watching them ride the merry-go-round, he came up with the idea of a place where adults and their children could go and have fun together, though his dream lay dormant for many years.  The earliest documented draft of Disney's plans was sent as a memo to studio production designer Dick Kelsey on August 31, 1948, where it was referred to as a "Mickey Mouse Park", based on notes Disney made during his and Ward Kimball's trip to the Chicago Railroad Fair the same month, with a two-day stop in Henry Ford's Museum and Greenfield Village, a place with attractions like a Main Street and steamboat rides, which he had visited eight years earlier.When people wrote letters to Disney to inquire about visiting the Walt Disney Studios, he realized that a functional movie studio had little to offer to visiting fans, and began to foster various ideas about building a site near the Burbank studios for tourists to visit. His ideas evolved to a small play park with a boat ride and other themed areas. The initial park concept, the Mickey Mouse Park, was originally planned for an eight-acre (3.2 ha) plot to the south, across Riverside Drive from the studio. Besides Greenfield Village and the Chicago Railroad Fair, Disney was also inspired by Tivoli Gardens in Denmark, Knott's Berry Farm, Colonial Williamsburg, the Century of Progress in Chicago, and the New York's World Fair of 1939.His designers began working on concepts, though the project grew much larger than the land could hold. Disney hired Harrison Price from Stanford Research Institute to identify the proper area in which to position the planned theme park based on expected future growth. Based on Price's analysis (for which he would be recognized as a Disney Legend in 2003), Disney acquired 160 acres (65 ha) of orange groves and walnut trees in Anaheim, southeast of Los Angeles in neighboring Orange County. The small Burbank site originally considered by Disney is now home to Walt Disney Animation Studios and ABC Studios.
Difficulties in obtaining funding prompted Disney to investigate new methods of fundraising, and he decided to create a show named Disneyland. It was broadcast on then-fledgling ABC. In return, the network agreed to help finance the park. For its first five years of operation, Disneyland was owned by Disneyland, Inc., which was jointly owned by Walt Disney Productions, Walt Disney, Western Publishing and ABC. In addition, Disney rented out many of the shops on Main Street, U.S.A. to outside companies. By 1960, Walt Disney Productions bought out all other shares, but the partnership had already led to a lasting relationship with ABC which would eventually culminate in the Walt Disney Company's acquisition of ABC in the mid-1990s. Construction began on July 16, 1954, and cost $17 million to complete (equivalent to $138 million in 2021). The park was opened one year and one day later. U.S. Route 101 (later Interstate 5) was under construction at the same time just north of the site; in preparation for the traffic Disneyland was expected to bring, two more lanes were added to the freeway before the park was finished.