Claim: There is a major film studio.

The Walt Disney Studios is an American film studio , one of the four major businesses of The Walt Disney Company and the main component of its Studio Entertainment segment . The studio , best known for its multi-faceted film division , which is one of Hollywood 's major film studios , is based at the eponymous Walt Disney Studios in Burbank , California .   The Studios generated an estimated income of $ 2.703 billion during the 2016 fiscal year . The studio entertainment business alone -LRB- live-action and animated motion pictures , direct-to-video content , musical recordings and live stage plays -RRB- brought in $ 5.83 billion in 2012 .   The Walt Disney Studios is a member of the Motion Picture Association of America -LRB- MPAA -RRB- .