2min chapter

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#39 Walt Disney: An American Original

Founders

CHAPTER

The Financial Reverses of the Past Year

The profits of Snow White had been eaten up by the cost of Pinocchio, Fantasia, and Bambi. The company now had 1,000 employees in a brand new studio that had cost them $3 million to build. And now, Walt Roy concluded, we are in debt to the bank for $4.5 million.

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