Disney's Beauty and the Beast celebrated its 10th anniversary on Broadway this year, making it the second-longest-running show currently on Broadway and the sixth-longest-running show in Broadway history. The Lion King — now in its eighth sold-out year at Disney's beautifully restored New Amsterdam Theatre on 42nd Street — has productions in London, Sydney, Hamburg, Tokyo, Nagoya and Amsterdam, as well as two U.S. touring productions.

Disney wrapped up 2004 with two new musicals, the highly acclaimed stage adaptation of Mary Poppins in partnership with veteran producer Cameron Mackintosh, which opened in December in London's West End; and On The Record, a new musical celebrating Disney's catalog of beloved songs, which is touring the U.S. following its world premiere in November at Cleveland's Palace Theatre.

Disney Theatrical projects currently in development include Tarzan, with music by Phil Collins; The Little Mermaid; and Spellbound, based on the Oscar-nominated documentary feature film.

Disney Live Family Entertainment, under license to Feld Entertainment, had its best year since its inception in 1981. Disney On Ice broke revenue and attendance records, as eight different shows performed for more than 10 million guests around the world. The newest Disney On Ice show, Finding Nemo, debuted in September 2004. Disney Live!, Disney Live Family Entertainment's newest licensed brand, just completed a successful launch in New Zealand and Australia of its first stage show production, Winnie the Pooh and the Perfect Day.

The Mary Poppins stage play opened on December 15th in London's West End.