What if Paramount acquired the animated Disney library in 1938?

Paramount, best known for hit films such as Grease and Star Trek, has been around for over 100 years since its founding in 1912. But, get this. After the hit success of Disney's animated feature film, Snow White and the Seven Dwarfs in 1937, Paramount would have acquired the studio's animation-only library almost one year later in 1938. So, this page will cover the idea if Paramount acquired the animation library of Disney (including Pixar).