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The Jungle Book was the last Disney animated film in which Walt Disney had any direct involvement. It’s probably not a coincidence that it also marked the end of the first real “Golden Age” of classical animated features from the House of the Mouse.
While the studio would continue to produce other cell-animated movies over the next twenty years, no one was ever going to confuse The Aristocats and The Rescuers for Pinocchio. It wouldn’t be until The Little Mermaid in 1989 that Disney would really reclaim its animated mojo.