Because Universal Pictures, not Walt Disney, owned the Oswald series, Disney and Iwerks walked away. He put Disney’s animators on contract and gave Walt Disney an “either or else” ultimatum. In 1928, Disney wanted more money for the Oswald cartoons, but Universal’s Charles Mintz wanted to decrease the feature’s budget. Disney and Iwerks then created Trolley Troubles, which became very popular. Disney and Iwerks signed a contract to distribute Oswald through Universal Pictures, but the first cartoon, Poor Papa, was rejected because of poor quality. Walt Disney and his animator partner, Ub Iwerks, created Oswald the Lucky Rabbit in 1927. Before there was a Walt Disney Productions company, there were two animators working on a series of projects.
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