Disney's Hollywood Studios is a theme park at the Walt Disney World Resort in Bay Lake, Florida, near Orlando. It is owned and operated by The Walt Disney Company through its Parks, Experiences and Consumer Products division. Based on an idea by Marty Sklar, Randy Bright, and Michael Eisner, the park opened on May 1, 1989, as the Disney-MGM Studios Theme Park, and was the third of four theme parks built at Walt Disney World. Spanning 135 acres (55 ha), the park is dedicated to the imagined worlds from film, television, music, and theatre, drawing inspiration from the Golden Age of Hollywood. Disney's Hollywood Studios initially opened as both a theme park and an operating production studio, with active film and television production services, an animation facility branch, and a functioning backlot. To increase public interest and the variety of film representation within the park, Disney entered into a licensing agreement with Metro-Goldwyn-Mayer, wherein the park's original name was derived. The park's current name took effect in 2008, with the removal of the MGM-branding throughout the park. The park's icon was originally the Earffel Tower from the park's opening until 2001 when the Sorcerer's Hat—a stylized version of the magical hat from Fantasia—was erected in the park's central hub. It then served as the park's icon until its removal in January 2015. The tower was subsequently removed in April 2016.
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