Disney was known initially as the Disney Brothers Cartoon Studio. It was, as is vastly known, founded by Walt Disney and Roy O. Disney. While Warner Bros, primarily renowned for its DC production along with Looney tunes and Merrie Melodies, was founded in 1923 and is one of the largest studios and production conglomerates. 

Disney apparently tried to repurchase Warner Bros in 2016, which would have been interesting to observe considering the fan rivalry of Marvel and DC and the competition among these superhero dynamic-related productions. Disney was unsuccessful in acquiring Warner Bros, though, so no, Disney does not own Warner Bros.

Disney 

Snow White was one of the most well-known iconic official studio female hero princess characters introduced in the first production corporate success that Disney officially became an unmascot firm in 1937. 

The adventures of Snow White and the Seven Dwarfs and Toy Story, respectively, are likely most recognized for being the first well-known full-length animated feature from Walt Disney and the first prominent computer-animated feature from Pixar. 

What does Disney Own? 

Since its founding, Disney has acquired many widely loved companies from Pixar to ESPN, film franchises from Star Wars to Pirates of the Caribbean, and studios from Marvel to Searchlight Pictures. To name or to list some would be-

MarvelThe MuppetsLucasfilmPixar FilmsThe Chronicles of Narnia FranchiseThe Marvel Cinematic UniverseThe SimpsonsThe Winnie the Pooh FranchiseGrey’s Anatomy 

Warner Bros

 Bugs Bunny, Porky Pig and Daffy Duck are among the best-known classic cartoon characters from Warner Bros. Warner Bros has several affiliated businesses, including Warner Bros. Pictures, Warner Bros. Animation, Warner Bros. Family Entertainment, Warner Bros. Television, New Line Home Entertainment (previously New Line Home Video), New Line Cinema, Warner Home Video, Turner Entertainment, Dark Castle Entertainment, Castle Rock Entertainment, DC Comics, and Cartoon Network. In 1938 or 1940, the corporation adopted Bugs Bunny, a cartoon character from the Looney Tunes series, as its official mascot.

 Later, Warner Bros also acquired the rights to Harry Potter novels and released movie adaptations.

 Who founded Warner Bros?

 Four brothers, Harry, Albert, Samuel, and Jack Warner, the original Warner Brothers, are the ones, as the name suggests, who founded this film studio. Warner Bros, now an extremely vast empire, started producing films around World War I.

 Who owns Warner Bros?

Warner Bros is a part of AT&T. Disney did try to acquire Warner Bros a couple of times, but the two companies missed the opportunity due to circumstances. 

AT&T acquired Warner Media LLC, under which Warner Bros Entertainment comes. So technically, Warner Bros is now under AT&T along with HBO, CNN, and others. 

The Rivalry 

The story of two rivals started with one of the most adored franchises, Mickey Mouse by Disney, in 1930. Mickey Mouse, as we know, is a kid-friendly cartoon famous for being one of the best animated short films. And Disney ruled the animation and entertainment industry for a while until Warner Bros, who later would become their rival, decided otherwise.

Warner Bros, although they produced Looney Tunes in 1930, it was overshadowed by the adorable Mickey Mouse. By 1940, it acquired popularity and gained attention as Bugs Bunny. Unlike Mickey Mouse, Bugs Bunny appealed to a more adult audience with his sassy character. That was the golden age of Warner Bros, and it remained so for some time.

Then came the era of Superheroes or, to put it in a fun way, the battle of superheroes. Warner Bros acquired DC comics somewhere around 1969. However, the action of DC Vs. Marvel was long before these two media conglomerates decided to interfere.

 Disney later acquired Marvel, thus making this rivalry from comics to movies.

 The acquisition of rights to Harry Potter novel also further gave Warner Bro an edge.

Conclusion

 No, Disney does not own Warner Bros. Disney and Warner Bros are both separate, equally powerful media conglomerates and healthy rivals continuously challenging each other to give the era its best movies, each breaking the last record of the other.

  1. What studios does Disney Own?

Walt Disney PicturesWalt Disney Animation StudiosPixar20th Century AnimationSearchlight PicturesMarvel Studios20th Century StudiosLucasfilm 

  1. Does Disney own Universal Studios? 

No, Disney does not own Universal Studios. NBCUniversal owns it. It would not be greeted warmly if Disney bought Universal Studios, which is considered its nemesis, giving it some tough competition.

  1. Does Netflix own Disney? 

No, Netflix does not own Disney. Although, Netflix is now competing with Disney+Hotstar over the highest streaming services. The two are likely the strongest rivals in the competition for on-screen supremacy, so it will be interesting to see who prevails or whether there is place for both.