was unsuccessful . However , he became an instant hit when Disney added sound to the short film “ Steamboat Willie ” featuring Mickey as the star . Mickey Mouse ’ s popularity soared and Walt Disney became a household name . Oswald , on the other hand , disappeared .
It was not until 2006 that the Disney Company regained the rights to Oswald after a complex series of negotiations that involved trading sportscaster , Al Michaels , to NBC Universal in exchange for Oswald . Today , Oswald remains a relatively obscure character , but he holds a significant place in animation history as a precursor to Disney ’ s most iconic creation , Mickey Mouse .
The loss of Oswald significantly impacted Disney ’ s business at the time . Oswald was his biggest money maker and with it , Disney also lost many staff he employed to run it ( several accepted Universal ’ s new terms and accepted direct contracts from it instead of continuing to work for Disney ). However , Disney learned from the experience and prioritised owning the intellectual property rights to his characters and productions from then on . This , in turn , led to the creation of the Walt Disney Company , which focused not only on animation but also theme parks , television shows and other forms of entertainment . his business and that he could have considered insuring .
Even the most successful people face setbacks and obstacles along the way . Having business interruption insurance during this time , however , can provide a safety net reducing financial risks and allowing the business owner to focus on their goals and dreams without worrying about potential financial losses .
Disney ’ s creativity and innovation remain a source of inspiration for people in all fields . His ability to think outside the box and come up with innovative solutions to complex problems has been emulated by many successful entrepreneurs and business leaders . The animator was a visionary who believed anything was possible if you had the
imagination and the willpower to make it happen .
PPS Short-Term Insurance understands that a company of any size contributes to South Africa ’ s economy and the community wherever it operates .
Just as an animator such as Disney himself would have required very specific insurance cover for his business – which was indeed small in those early days when he just started off – so does PPS Short-Term Insurance appreciate that each graduate professional ’ s business venture is unique and needs a unique insurance solution .
Click here to visit the PPS Short- Term Insurance ’ s website for more information .
A business owner can easily lose their ability to produce an income . This often happens as a result of an unforeseen business interruption like fire or a natural disaster , and can have a devastating effect on any business . Although having business interruption insurance would not have directly protected Disney ’ s income after losing the right to produce the Oswald cartoons , there are certain types of business interruptions that could have had an impact on PPS Short-Term Insurance Company Limited Reg . No . 2005 / 005531 / 06 is an insurer licensed to conduct non-life insurance business and an authorised FSP . Licence No . 46274
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