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This Day In History - October 16
YearHistorical Event
!ows3> 1923 - Walt Disney contracted with M.J. Winkler to distribute the Alice Comedies. This event is recognized as the start of the Disney Company.
Disney movies, music and books
000 It was announced that Chevron Corp. would be buying Texaco Inc. for $35 billion. The combined company was called Chevron Texaco Corp. and became the 4th largest oil company in the world.
002 The Arthur Andersen accounting firm was sentenced to five years probation and fined $500,000 for obstructing a federeal investigation of the energy company Enron.
008 The iTunes Music Store reached 200 billion television episodes sold.
701 The Collegiate School was founded in Killingworth, CT. The school moved to New Haven in 1745 and changed its name to Yale College.