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PIXAR DUMPS DISNEY
CNNFN ^

Posted on 01/29/2004 2:05:15 PM PST by Recovering_Democrat

NEW YORK (CNN/Money) - Pixar Animation Studios Inc. said Thursday it ended talks with Walt Disney Co. to extend a five-picture deal for Disney to distribute Pixar films.

Pixar said it would begin talks with other companies to distribute its films starting in 2006.

"After ten months of trying to strike a deal with Disney, we're moving on," Pixar CEO Steve Jobs said in a statement. "We've had a great run together -- one of the most successful in Hollywood history -- and it's a shame that Disney won't be participating in Pixar's future successes."

The move was a clear setback to Disney, which reaped a financial and critical bonanza from the partnership and has struggled with its own strategy for animation. Officials at Disney were not immediately available for comment.

(Excerpt) Read more at cnnmoney.printthis.clickability.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: cya; disney; pixar; seeya
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BIG financial loss for Disney. Pixar put out good stuff...
1 posted on 01/29/2004 2:05:15 PM PST by Recovering_Democrat
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To: Recovering_Democrat
If it weren't for Pixar, Disney would really have been hurting. Good for them.
2 posted on 01/29/2004 2:08:00 PM PST by dfwgator
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To: Recovering_Democrat
No kidding.....I LOVE "Nemo".....and they will only keep getting better
3 posted on 01/29/2004 2:08:40 PM PST by soozla (LIBERALS are the suckiest bunch of suckers that ever sucked!)
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To: Recovering_Democrat; newgeezer
Great news Pixar rocks, Disney sucks.
4 posted on 01/29/2004 2:09:39 PM PST by biblewonk (I must try to answer all bible questions.)
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To: Recovering_Democrat
Disney stock is already down 6% in the after-hours market.
5 posted on 01/29/2004 2:09:59 PM PST by So Cal Rocket
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To: Recovering_Democrat
GOOD FOR PIXAR! Screw Disney!
6 posted on 01/29/2004 2:10:00 PM PST by Ragirl (I got nuthin')
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To: Recovering_Democrat
Great news!
7 posted on 01/29/2004 2:10:18 PM PST by ChocChipCookie (Beware: the Chip is pissed.)
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To: Recovering_Democrat
Long overdue. Pixar was the engine driving Disney's profits for years and Disney was trying to shortchange them. :)
8 posted on 01/29/2004 2:11:06 PM PST by Nagilum
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To: Ragirl
Pixar doesn't need Disney, but Disney needs Pixar.

Nothing but good stuff comes out of Pixar...
9 posted on 01/29/2004 2:11:12 PM PST by ambrose
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To: Recovering_Democrat
Eisner screwed up again. There isn't anything recently released by Disney outside of POC this summer that wasn't total crap.

I wonder if catering to gays days will help them get out of this hole.

10 posted on 01/29/2004 2:13:34 PM PST by Caipirabob (Democrats.. Socialists..Commies..Traitors...Who can tell the difference?)
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To: Recovering_Democrat
Adios, Eisner.
11 posted on 01/29/2004 2:14:05 PM PST by diamondjoe
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To: Recovering_Democrat
I love their animated desk lamp.
12 posted on 01/29/2004 2:14:56 PM PST by brewcrew
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To: diamondjoe
http://www.savedisney.com
13 posted on 01/29/2004 2:15:09 PM PST by So Cal Rocket
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To: ambrose
Nothing but good stuff comes out of Pixar

Well, Toy Story was kinda shaky in places ... :)

But your point is well taken. Disney **** the bed on this deal.

14 posted on 01/29/2004 2:16:16 PM PST by Johnny_Cipher (Miserable failure = http://www.michaelmoore.com/ sounds good to me!)
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To: diamondjoe
I agree, time for Eisner to take a hike. Bring back the Disney I knew and loved in the 60's.
15 posted on 01/29/2004 2:17:46 PM PST by DFW_Repub
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To: ambrose
In the 2004 holiday season, audiences will see "The Incredibles," an action-adventure comedy from director Brad Bird ("The Iron Giant"). It centers on a family of superheroes who save the world while living a quiet suburban life.

Finally for the holidays in 2005, Pixar's two-time Academy Award-winning director John Lasseter will direct "Cars," a comedy featuring an assortment of cars as characters who get their kicks on the famous old Route 66
16 posted on 01/29/2004 2:21:28 PM PST by GraniteStateConservative ("You can dip a pecan in gold, but it's still a pecan"-- Deep Thoughts by JC Watts)
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To: Recovering_Democrat
Pixar...come to Fox...

I hope Mr. Murdoch is elbowing his way in there.

17 posted on 01/29/2004 2:21:32 PM PST by Floratina
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To: So Cal Rocket
I just bought some Disney stock so I can vote against Eisner and crew in March.
18 posted on 01/29/2004 2:23:33 PM PST by Middle Man
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To: Recovering_Democrat
Go Pixar Go! I don't know why they just didn't distribute their movies themselves as their own studio. They don't need a middle-man like Disney!
19 posted on 01/29/2004 2:23:36 PM PST by Extremely Extreme Extremist (EEE)
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To: Johnny_Cipher
Disney's likely response to this news will be raise for Michael Eisner.
20 posted on 01/29/2004 2:24:21 PM PST by ambrose
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