Posts Tagged ‘Pixar’
An article in the Los Angeles Times states that Pixar Studios President Dr. Ed Catmull will receive 400,000 shares of Pixar stock as a result of the merger deal with the Walt Disney Company (free registration required). The shares will be worth $25.64 million at Tuesday’s closing price of $64.10/share, and come in addition to […]
The Los Angeles Times is reporting that Disney has shut down Circle 7, the CGI-animation division set up to create sequels to Pixar movies (free registration required). Thirty-two of the 168 employees of the division were told that they would lose their jobs as of May 26, while the remainder will be absorbed into Disney’s […]
An article in the New York Times aggregates a number of public comments made by Pixar’s John Lasseter about his role at Disney once the Disney-Pixar merger is completed (registration required). Some of the topics discussed include how Lasseter and Pixar president Ed Catmull will split their time between Pixar and Disney, Lasster’s attempts to […]
An article in the Los Angeles Times notes that the Disney/Pixar merger has triggered a small boom in collectors anxious to own a physical stock certificate of the company before the merger (free registration required). Several companies, such as OneShare.com and Frame-a-Stock offer to sell investors and collectors a single share of stock in a […]
A sidebar to a Disney/Pixar news article in Time magazine takes a look at some possible film projects coming from the combined company. Some films mentioned include Ratatouille, about a rat living in a fancy French restaurant; a film noir project from Incredibles director Brad Bird that may be based on Will Eisner’s The Spirit […]
An article from Reuters states that several animation industry watchers have dubbed Pixar’s John Lasseter “the new Walt Disney.” (No pressure.) Lasseter is set to become the head of Walt Disney’s animation division if the $7.4 billion Disney/Pixar merger concludes successfully this summer.
Economic logic, it seems, rarely rules in Hollywood. Too often, egos get in the way. But the announcement that the Walt Disney Company will be buying Pixar Animation Studios shows that even Hollywood will sometimes bow to the obvious. The Disney-Pixar merger is certainly the most momentous entertainment combination since Time bought Warner, and history […]
The Los Angeles Times and The New York Times have covered a recent SEC filing about the proposed Disney/Pixar merger (registration required for both), noting that Pixar creative chief John Lasseter will be granted the power to greenlight all animated features from the studio, subject to final approval from Disney CEO Robert Iger. The filing […]
A report in the Los Angeles Times states that Disney plans to shut down Circle 7, the animation unit created by the Disney studios to make sequels to successful Pixar movies, and production on Toy Story 3 will be halted (free registration required). While no official statement has been made by Disney or Pixar executives […]
An article in BusinessWeek on-line debunks the oft-repeated rumor that the Walt Disney Corporation will buy Pixar Animation Studios and make Steve Jobs the CEO of Disney. The two companies were reported close to renewing their distribution deal, but neither will comment publicly about the negotiations.