It is currently used as a venue for pin trading and sales, and also serves as a backdrop to many special events and shows. Disney Channel Rocks! culminates several dances from several Disney Channel shows that performs several times daily in front of the hat. Disney characters make meet-and-greet appearances around the hat throughout the day.
Built in front of The Great Movie Ride, The Sorcerer's Hat debuted on September 28, 2001 as part of the 100 Years of Magic celebration at Walt Disney World Resort. The structure was inspired by the Sorcerer's Apprentice segment in Walt Disney's 1940 animated film Fantasia. During the celebration, interactive kiosks were installed underneath The Sorcerer's Hat where guests could learn about Walt Disney's life and career. When the celebration ended in early 2003, the kiosks were removed. On May 20, 2011, the Sorcerer's Hat served as the venue for the grand opening ceremony for Star Tours: The Adventures Continue.