After World War II, the countries of Europe sought to rebuild. As a result, they restricted transfers of money earned within their borders to outside countries. England's prohibition hit Walt Disney Productions particularly hard as it was Disney's biggest market. While Mr. Disney thought about possibly starting up an animation studio in the U.K., it proved to not be feasible, so he started up a live action wing that could produce live action films. The first film was Treasure Island, which was a huge success. In 1952, Disney released its second live action film- The Story of Robin Hood and His Merrie Men.
The movie was a modest success, leading the company to go full tilt towards making live action pictures. The additional benefit to these live action films was that they required less supervision from Walt Disney than the animated ones; his attention had turned to building his Magic Kingdom.