Complex sentence: Disney had already formed his own music publishing division in 1949 and in 1956, partly inspired by the huge success of the television theme song The Ballad of Davy Crockett, he created a company-owned record production and distribution entity called Disneyland Records.
Split into simpler sentences: Disney had already formed his own music publishing division in 1949 and in 1956. Partly inspired by the huge success of the television theme song The Ballad of Davy Crockett, he created a company-owned record production and distribution entity called Disneyland Records.