What if 20th Century Animation Studios was founded in 1938?/20th Century Animation Studios

Twentieth Century Fox Animation (stylized as 20th Century Fox Animation) is an animation subsidiary of Walt Disney Studios, a division of The Walt Disney Company. The studio is located in Century City, Los Angeles, and is tasked with producing cartoon shorts, feature-length animated, stop motion, mixed media and digitally-produced films.

it is founded in 1938 as Frank Capra Productions over on the former sites of the Century Cartoon Studio (1919-1938), which it's cartoons are distributed by Educational Pictures and Grand National Pictures.