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The Walt Disney Company Discuss Disney and Pixar kiss and make up??? in the Miscellaneous Disney forums; Is the Disney-Pixar deal back on? From the NY Post Steve Jobs' Pixar Animation Studios is likely to renew a lucrative movie-making partnership with Disney, according to sources familiar with ...
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    Lou Mongello's Avatar
    Lou Mongello is offline Lou Mongello (AKQJ10) - WDW Trivia Book Author and Site Owner/Admin
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    Disney and Pixar kiss and make up???

    Is the Disney-Pixar deal back on?

    From the NY Post

    Steve Jobs' Pixar Animation Studios is likely to renew a lucrative movie-making partnership with Disney, according to sources familiar with the matter.

    Despite publicly backing out of talks with Disney in January and making the rounds of other Hollywood studios looking for a partner, Jobs has come to believe that the best home for Pixar is at Disney after all, sources said.

    A reunion would mark a significant victory for Disney CEO Michael Eisner, who has long had an acrimonious relationship with Jobs.

    Pixar's decision earlier this year to end discussions with Disney over an extension of their deal became a focal point for angry shareholders looking to oust Eisner.

    But it appears Eisner called Jobs' bluff when he dug in and refused to renew the deal on the significantly less lucrative terms that Pixar had been proposing.

    Under the current deal, which expires at the end of 2005, Disney and Pixar split the profits on the movies evenly; Disney also receives a 12.5 percent distribution fee. By some estimates Disney and Pixar could split some $1 billion from their most recent hit, "Finding Nemo."

    Pixar had been seeking a new deal that would pay Disney only a distribution fee which some have said was as low as 10 percent. Pixar had also sought to alter the terms of the existing deal.

    After bailing on Disney, Pixar held preliminary discussions with other studios, including MGM, Sony, Warner Bros. and Fox. (Both Fox and The Post are owned by News Corp.)

    Now, executives at those companies have all but given up hope of striking a deal with Pixar, sources said.

    Pixar had also been wooed by Comcast after the cable giant attempted a hostile takeover of Disney. Comcast had sought to bring Jobs to its side in the hopes of convincing Disney shareholders that a merger with Comcast would come with a renewed Pixar deal.

    Representatives for Pixar and Disney declined comment.

    In March, when Eisner's job seemed to be in jeopardy amid a backlash from dissident shareholders, Jobs told Hollywood associates that he would go back to Disney only if Eisner left.

    Now he appears to be changing his tune, sources say, and is likely to stick with Disney regardless of how long Eisner remains as CEO.

    If Jobs were to leave the Disney fold, he would be leaving behind a film library that includes hits such as "Toy Story" and "Monsters Inc." He would also lose the rights to make sequels.

    "He'll probably give Disney a shot again because it doesn't make sense to split the library," said a source.

    Still, a new deal between Pixar and Disney is not likely to be completed soon. Before the current expiration date, the companies have two more movies to make: "The Incredibles" and "Cars." "Jobs really doesn't have to do anything today," said a source. "He can wait."
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    Buckey Badger's Avatar
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    Disney Deal with Pixar

    Sad to say jobs is stuck betwen a rock and a hard place with Eisner, i dont want to see Jobs lose his property That him and his bunch worked on
    for all thease years i wish Eisner Could be pushed out of Disney
    Last edited by Buckey Badger; 07-24-2004 at 06:42 PM. Reason: spaacing

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    mondo1748 is offline B-Ticket Holder
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    I hope this is right this article. I can't see Disney not having a real animation studio anymore with out Pixar. I would like to see Disney BUY Pixar and buy Dream Works. Also buy Miramax and put them under one roof putting Comcast's future bid ideas way off and have Disney turn control of the animation DEPT to Pixar, Miramax to run the Film division and Dream Works now is a competitor that's out of play.

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    Lou Mongello's Avatar
    Lou Mongello is offline Lou Mongello (AKQJ10) - WDW Trivia Book Author and Site Owner/Admin
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    Look, it's a win-win situation for both (stubborn) parties.

    Although I often do not understand Disney's logic (a topic for another thread), I just can't see how they can walk away from this. The goes for Pixar. True, they are the premier CG shop around, but without the bakcing (and funds) of the mouse, they may be cutting their nose to spite their face.
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