new name, Retlaw Enterprises. In 1968, Retlaw started to diversify by acquiring its first TV station with its Fresno station purchase. Finally, in 1982, the Disney family sold the naming rights and rail-based attractions to Walt Disney Productions for 818,461 shares of Disney, stock then worth $42.6 million, none of which went to Retlaw. Retlaw's remaining divisions, after the majority of the company was sold to Walt's larger public company, were several television stations and real estate holdings that continue to be owned by the Disney family. Per Securities and Exchange Commission filings, Retlaw received $75 million in net income from the monorail and railroad from 1955 to late 1981. Roy E. Disney objected to the overvalued purchase price of the naming rights and voted against the purchase as a Disney board director. By 1990, Retlaw holdings included 6 CBS affiliated TV stations, a small jet charter service operating out of Van Nuys Airport, 580 acres of farmland in Palmdale, 220 acres of vacant land in Riverside County, and 330 acres of avocado groves in Riverside County and Escondido. The family shares received in 1982 would be in 1990 2% of the Disney stock, worth an estimated $300 million; while Forbes estimates their stock to be worth $600 million, down from 1989's $850 million. WFXG was purchased in May 1998. In 1999 Retlaw sold its remaining 11 television stations to Fisher Communications, including all of the related assets to those properties, for $215 million in cash. In 2005, the remaining divisions of Retlaw officially became part of the Walt Disney Family Foundation, a non-profit organization led by Diane Disney Miller. Assets Walt Disney naming rights, until sold in 1982 to Walt Disney Productions (which was renamed The Walt Disney Company in 1986) Disneyland Attractions: Retlaw paid rent for the attractions' rights-of-way and employed the attraction administrators. Walt Disney, through Retlaw Enterprises, also owned the Viewliner Train of Tomorrow as well as the horse-drawn streetcars on Main Street. Sold to Disney Productions in 1982. Walt Disney Productions films: Retlaw purchased 10% interest in 26 Disney 1960's live-action movies, including Mary Poppins, through Walt Disney's management contract with Walt Disney Productions, allowing them to invest up to 15% in new projects. By 1990, these films generated an annual income of $600,000+ for Retlaw. The design and architectural division, which designed Disneyland and its attractions, and the WED name, were sold to Walt