Walt Disney Animation Studios (formerly known as Walt Disney Animation until 1994 and Walt Disney Feature Animation until 2007) is an American animation studio formed in 1986 by the animation staff of Walt Disney Productions during the split of the company, with its non-animation staff formed The Walt Disney Company. The original Walt Disney Productions (formerly known as Disney Brothers Cartoon Studio until 1926 and Walt Disney Studio until 1929) was founded in 1923 by Walt Disney and Roy O. Disney after their previous studio Laugh-O-Gram Studio went defunct for bankruptcy.