First, let me add my welcome to Ms. FantasticDisFamily. I have many clients that Id love to send to a professor of creativity although, sadly, I doubt if any of them can be taught but no one has ever accused most people in Hollywood of being intelligent. Gee, the best in town cant even look up a Shakespeare quote correctly.
From what Ive heard and read, I think one of the strongest arcs in Walt Disneys life was his growing resistance against constraints. Hollywood worked a little differently in those days. For films, a company like Disney first had to sell a movie to a film distributor. Then the distributor had to sell it to theaters. And then the theaters had to sell it to the public. At each level there was someone telling Disney what the public wants, and more often than not they tried to shoot down Disneys plans. Naturally Disney hated this because, basically, Walt really thought he knew better than the suits. And time and time again he was proven correct.
With television, he had a golden opportunity to eliminate all the middlemen and present his shows directly to the public. TV provided him with ultimate freedom and he took full advantage of it. He could make the shows he wanted, show them when he wanted. For the first time ever, he found a business that would give him complete control.
In the mid-1950s all of the big studios were terrified of television and quite literally tried to kill the new medium. Anyone writer, director, actor who crossed over was finished in movies. And any company that made TV shows was blackballed. This left the networks without the big name talent they desperately needed and the means to fulfill the increase demand for product. They were willing to do almost anything for legitimate companies and talent to deal with them. And by this time Walt was basically well outside (and above) the Hollywood Studio System. Thanks to revenue from international film distribution (the only studio in Hollywood with significant overseas revenue at the time), merchandise and constant revenue from the seven-year re-release cycle, Walt could flaunt a lot of Hollywood conventions to achieve his own goals.
So what you had was a market pleading for product and only one seller in town. No one has ever accused the Disney brothers of not being clever. The move into television was going to happen; Walt and Roy simply made the networks pay as much as possible for the product. So The Wonderful World of Disney wasnt created specifically to finance
Disneyland; the investment in the park was just part of the price ABC paid to get a show. They also picked up a good chunk of 20,000 Leagues Under the Sea (the most expensive movie made to that date) and even ran the commissary on the Studio lot for a while.
Like the Magic Kingdom, television existed for its own merits and for its own purposes. It was not created solely or even mainly to finance another project. I really dont think Walt ever thought in those terms either. Certainly making a sequel to Snow White just for the money would have brought in huge bucks, just as he had offers to build replica Disneylands all over the U.S. and Europe. Walt Disney was always looking for something new to do. He was in business for the joy of it, not to get rich. Those kinds of people can later.
The simple rule of the entertainment industry is that if you present a good show that the audience wants to see the financial returns will find you. Its only the bad or unappealing shows that have to work for it.