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View Full Version : AWN: Disney - Pixar Compromise Offered...


dave_baer
10-15-2003, 07:59 PM
According to AWN (http://news.awn.com/index.php3?ltype=top&newsitem_no=9349):


DISNEY-PIXAR COMPROMISE OFFERED.
Disney president Robert Iger divulged on Wednesday that he has come
up with a compromise to stay in partnership with Pixar Animation
Studios. In a video conference with financial analysts, Iger said he
has offered to revise the terms of the current 50/50 profit split
with Pixar in the hopes of forging a contract renewal. Disney would
provide an ownership stake and greater share of the profits on
Pixar's next two computer-animated features, THE INCREDIBLES and
CARS, in exchange for a greater distribution fee, as reported in THE
NEW YORK TIMES. Pixar has reportedly agreed in general with Iger's
proposal.

Man, Disney must really be desperate to chase after Pixar like that.

PhilOsirus
10-15-2003, 08:28 PM
As if that was all there was to it. I don'ts ee what Pixar gets in that deal.:surprised

Edit: Oh great profits, Ok:p

Nicodemus
10-15-2003, 08:37 PM
Nope, just smart. You defiantely do not let a (so far) guranteed money maker go. Especailly when the competition is more than willing to step in and cut a deal with them. Every studio out there wants a piece of the animation pie. Sony has started its own cgi animated divsion. Fox bought Blue Sky so theirs was ready made since Blue Sky was already geared/gearing up for doing a feature as well as had an award winning record with regards to shorts.

Disney is not looking to lose out on what it sees as a cash cow.

~L~

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