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Walt Disney Pictures is an American film studio owned by The Walt Disney Company. Walt Disney Pictures and Television, a subsidiary of the Walt Disney Studios and the main production company for live-action feature films within the Walt Disney Motion Pictures Group, based at the Walt Disney Studios, acquires and produces output that are released under the Walt Disney Pictures and Touchstone Pictures banners. Their most commercially successful production partners in later years have been Pixar, Great Oaks, Caravan Pictures, Studio Ghibli, Jerry Bruckheimer Films, Marvel Studios, Spyglass Entertainment, Starz Media, Walden Media, Mandeville Films, Gunn Films and Jim Henson Pictures.

Animated features produced by Walt Disney Animation Studios, Pixar Animation Studios, Studio Ghibli (North America distribution), DisneyToon Studios and ImageMovers Digital are usually released by Walt Disney Pictures under the Disney banner. Exceptions include Who Framed Roger Rabbit and The Nightmare Before Christmas which were originally released under Disney's Touchstone imprint (The latter has since been re-released under the traditional Disney banner). These two films are also regarded as more like "Disney" films compared to other Touchstone titles.

Walt Disney Pictures is noteworthy for having four films that have surpassed the $1 billion mark in worldwide ticket sales, including Pirates of the Caribbean: Dead Man's Chest (2006), Alice in Wonderland (2010), Toy Story 3 (2010), and Pirates of the Caribbean: On Stranger Tides (2011). In addition, Disney is the only major Hollywood studio to have released two films grossing more than $1 billion each worldwide in the same year (2010).