20th Century Studios, Inc. (formerly known 20th Century Fox Film Corporation) is an American film production studio headquartered at the Fox Studio Lot in the Century City area of Los Angeles. As of 2019, it serves as another film production label of Walt Disney Studios, a division of The Walt Disney Company. The 20th Century Fox film studio is known for producing some of the biggest movies of all-time, including Avatar and Titanic. 20th Century Fox was created in 1935 when Twentieth Century Pictures and Fox Films merged. The name dates to 1915, when William Fox, a Hungarian immigrant, left the fur and garment industry to start a motion picture company. The 1929 stock market crash, among other misfortunes, forced the Fox Film Corporation to merge with a competitor, Twentieth Century Pictures, to form 20th Century Fox in 1935.