Simplify the following text for a Grade 8 native English-speaking person.
Original: Touchstone Pictures is merely a label and does not exist as a separate company : the two companies behind it are the Walt Disney Motion Pictures Group and Walt Disney Pictures and Television .
Simplified: Touchstone Pictures is merely a brand and does not exist as a separate company : the two de facto companies behind it are Walt Disney Motion Pictures Group , Inc. and Walt Disney Pictures and Television .