This is a 1980s logo for Walt Disney Home Video. This particular version was featured on Australian home videos of Walt Disney that were distributed by Roadshow Home Video. I think it's also on UK releases of Walt Disney as well.
The music is a disco arrangement of When You Wish Upon a Star, and was arranged by Frank Gari.
FUN FACT (courtesy of disneyfan85) - This was originally from the 1981-1983 version of the TV series The Wonderful World of Disney when back then it was simply called 'Walt Disney'
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