Walt Disney Productions never technically owned the overarching Metro-Goldwyn-Mayer film studio or its primary corporate assets, meaning they did not lose MGM in a corporate takeover. However, Disney did experience a famous legal dispute and subsequent settlement regarding the use of the name and imagery for the Disney-MGM Studios theme park located at Walt Disney World in Florida. Following years of successful licensing arrangements and brand collaboration, Disney eventually phased out the historic title, rebranding the popular theme park as Disney's Hollywood Studios to reflect a broader shift in park identity and align with modern entertainment properties.