Disneynature is an independent film studio that specializes in the production of nature documentary films for Walt Disney Studios, a division of Disney Entertainment, which is owned by The Walt Disney Company. The production company was founded on April 21, 2008, and is headquartered in Paris, France. The company's nature films are consistently budgeted between $5 million to $10 million, with their distribution and marketing handled by Walt Disney Studios Motion Pictures. The label's event films are released on Earth Day and have a conservation campaign based on the feature of the film with an appropriate conservation charity receiving donations based on tickets sold, at a pace of one per year. The eight Disneynature theatrical films have a gross of $151.6 million at the box office, at an average of $19 million, with Earth the top earner at $32 million. Background Disney had a background in making nature films prior to the creation of Disneynature; Bambi (1942) featured forest life and was a hit. From 1948 through 1960, the company produced the True-Life Adventures series, which won several Academy Awards. Outside of film work, Disney parks were involved. Disneyland in 1955 opened the Jungle Cruise ride. Walt Disney World includes Disney's Animal Kingdom, which is a theme park crossed with a zoo. Animal Kingdom has contributed to conservation causes by nursing endangered sea turtles back to health, returning white rhinos to Africa and conducting a census of cotton-top tamarins, a monkey species native to Colombia. In addition, since its creation in 1995, the Disney Wildlife Conservation Fund has given over $11 million to 650 conservation projects in 110 countries. After a long absence from nature documentaries, Disney decided to get back into the market after the French release of March of the Penguins. The film was given U.S. distribution through Warner Independent Pictures in 2005. Made on an $8 million budget, it grossed almost 10 times its budget at the U.S. box office and won the Academy Award for Best Documentary Feature in 2006. Jean-Francois Camilleri, head of Buena Vista International France at the time, had the company acquire the film for the French market. Buena Vista International France also managed to obtain a 20% ownership stake in the French version of the film. However, Buena Vista Pictures Distribution's bid to distribute the film in the U.S. ultimately failed. Disney CEO Bob Iger, in consideration of Disney's past efforts, felt