‘Worldco’ = Disney?

When I was at Walt Disney World this spring, I noticed on the fine print of a flyer for a Disney contest that “Worldco” employees were excluded from winning. What is “Worldco” and how is it related to Disney?

I believe Worldco is the company that runs Disney’s various sweepstakes, contests, etc. Hence their employees would not be eligible to enter.

The Walt Disney World Corp. is the Disney subsidiary that operates the amusement parks and related businesses. In legal documents it often uses the contraction “Worldco” to avoid confusion between it and the movie studio arm, the Walt Disney Co.