Oswald the Lucky Rabbit is an in-depth look at the origins of the Disney Brothers Cartoon Studio and their first major fully animated success in 1927 with Oswald the Lucky Rabbit series. The narrative explores the historical importance of this character within The Walt Disney Company and recounts, first, the rejection of the first Oswald short, Poor Papa, followed by the overwhelmingly positive reception of second short, Trolley Troubles, and the ultimate loss of Disney's rights to the character and the company's modern-day journey to reclaim Disney's films.