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