“We are definitely planning on doing more sequels, just as we are more originals,” Mr. Lasseter said in an interview. Princess Leia. Seriously? “Having played with it, I think it’s going to be a hot seller for Christmas,” he said.

Not since the Brothers Grimm has anyone dominated fairy tales so completely. One of the biggest problems that Disney Pixar had was trust. Burbank, CA (May 5, 2006) — Advancing its strategy of developing outstanding creative content, Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company (NYSE: DIS) announced today that Disney has completed its acquisition of renowned computer animation leader Pixar. Also in the works are four direct-to-DVD movies built around Tinker Bell. With the exception of “Up,” which is being directed by Pete Docter (“Monsters, Inc.”), Pixar is placing some of its biggest new projects in relatively untested hands. (Disney notes that an increase in foreign box office sales has offset the slide.). But in the Pixar acquisition, Disney, despite its legendary corporate identity and strong will, held back. Disney & Pixar 3. “Cars” tells the story. One Pixar insider, who requested anonymity because he was not authorized by the company to speak, joked that scheduling a meeting with Mr. Lasseter has become harder than “lining up a chat with the pope.”. Pixar executives recall Mr. Iger joking that if he ever decided to write a book, it would be titled “I’ve Been Bought,” because the two merger experiences were so formative for him. Ingrid Chung, a media analyst at Goldman Sachs, said recently that she found the film’s concept and execution “strong enough to create a franchise.” When it came to Pixar, Ms. Chung declined to comment. Over the course of CEO Bob Iger's tenure, Disney has acquired Pixar, Marvel, Lucasfilm and, most recently, 20th Century Fox. Mr. Iger even stipulated that the sign on Pixar’s front gate would remain unchanged. Three years before their Marvel purchase Disney also bought Pixar for $7.9 billion.

This could be a huge boost for their theme park business. Their recent purchases of Pixar, Marvel, and now Lucasfilm give them a formidable catalog of modern fairytales with which they can complement their existing stash of …

"They're going to have to install seat belts in that board room because when Steve gets in there, he'll be a ball of fire," said John Lasseter, the Pixar creative guru who will play a pivotal role in the combined company. Disney’s acquisition of Pixar was of utmost importance to Disney because the acquisition provided Disney the world’s most famous computer animation studio along with its human talent. Is Disney buying Lucasfilm a good decision or not? Post Merger Benefits- Pixar For Pixar it was a … Pixar’s chairman and chief executive, Steven P. Jobs, abruptly called off talks to continue a lucrative partnership with Disney, which had helped to finance and distributed such Pixar films as “Monsters, Inc.”. The benefits of acquiring Pixar are numerous and include recruiting talented employees (including Setve Jobs and other Pixar Executive Members), access. “It took about a year before there was a collective letting down the guard,” he said. Nobody was shipped to Walt Disney World in Florida to work a shift, part of the initiation that other executives must endure. The end result was that Mr. Jobs and others at Pixar didn’t place much faith in what their Disney counterparts told them. By buying Marvel and Star Wars, Disney is appealing to us older folks because maybe the magic of the Little Mermaid wears off after a while for a forty two year old man? Starring in their newest animated film is a robot named Wall-E. Princess Tiana in “The Princess and the Frog,” an animated musical to be released next year by Disney. John Lasseter, a Pixar co-founder, said, “Disney has become a filmmaker-led studio and not an executive-led studio.”. Disney Pixar M&A 1. A “Cars” virtual world is opening on the Internet, a “Cars” ice-skating show will begin touring the nation in September, and work is under way to bring an entire “Cars” experience to the Disneyland Resort in California. For the first time, Pixar is also scheduled to deliver two movies in a single year: “Newt,” the story of a salamander’s search for love, and “The Bear and the Bow,” an action-adventure starring an imperious Scottish princess; both films will arrive in multiplexes in 2011. “It ebbs and flows,” he said. When Toy Story blew up with a third of a billion dollars, things immediately changed for Steve Jobs and the Pixar team. The rift encompassed many issues, not the least of which was basic trust. Although Pixar films still do well, Marvel far outperforms them consistently and produces a far greater amount of content. An NBC Universal spokeswoman declined to comment. “Most acquisitions, particularly in media, are value-destroying as opposed to value-creating, and that certainly has not turned out to be the case here,” said David A. The film racked up over $460 million in global ticket sales and has sold 27 million DVDs. He ruled out becoming Disney's chairman in future, however, saying: "that's not on my radar. The first three acquisitions alone have earned Disney … WSJ Opinion: Why Is the Media Protecting Joe Biden? While sequels were not out of the question, they said Pixar’s hot streak hinged on pushing boundaries with original material. Show More. The acquisition of Pixar by the Walt Disney Company Related retail products have generated $5 billion in sales. Indeed, in an industry where corporate marriages often create internal warfare (Paramount and DreamWorks SKG are the most prominent example) Disney and Pixar have found a way to make it work. Still, Mr. Catmull concedes that trust didn’t come easily, especially in an age when some companies promise one thing before a merger and then seem to do another once the deal is done. The film was regarded by some critics as one of Pixar’s weaker storytelling efforts, and it generated soft foreign sales when compared with hits like “Finding Nemo.” But “Cars” has pumped billions in profit into Disney via a wide range of ancillary businesses.

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Until recently, Disney and Pixar had a tight relationship; Pixar made the movies, which were co-financed and distributed by Disney. Brenda Chapman, the director of Pixar’s first fairy tale, “The Bear and the Bow,” served as a story supervisor on modern classics like “The Lion King” but has only one previous directing job under her belt, for “The Prince of Egypt.”. The key reasons for the success of the merger of the two companies was that investors saw potential for Disney to leverage on Pixar’s computer animated character to be used in its vast networks. The decrease in competition is another motive for Disney.

“Disney has become a filmmaker-led studio and not an executive-led studio. With the benefit of hindsight, the comparison shows just how much of a bargain the Marvel purchase was. Disney Completes Pixar Acquisition. By contrast, the competing DreamWorks Animation has received applause for its coming “Kung Fu Panda,” featuring the vocal talents of Jack Black and Angelina Jolie. Pixar had a fear that an acquisition and merger with Disney will hold its freedom and creativity to create based on its core competencies of creativity and … It is very exciting stuff for a book worm like me because they are exploiting the full value of stories by building a catalog that can be exploited over and over again. “What did you think I’d wear?” he asked amid the titters. Edwin Catmull, the president of Pixar who was also put in charge of Walt Disney Animation Studios, said, “It became very clear to us that Bob Iger had been through mergers before, both positive and negative.”. But I think everything is going pretty well.” He added that there have been times in the past — such as when he was directing “Cars” — that his walk — around time at Pixar was limited.

When Disney bought its rival, Pixar, in 2006 for $7.4 billion, many people assumed the deal would play out like most big media takeovers: abysmally. As with “Cars,” Disney is counting on “Wall-E,” set for release on June 27, to take off with a tough crowd: little boys.

Mr. Lasseter, speaking by cellphone during a commute home, said: “The toughest part of my job is probably just managing my schedule. How many stories can Disney own and do good service to?

Their purchase of Lucasfilm should be looked on favorably by fans because it is now almost guaranteed that Star Wars will be passed on to the next generation.

The deal gives Pixar's Steve Jobs a seat on Disney's board and a stake of more than 5%. PIXAR’S list of coming movies includes some with unusual concepts that might not lend themselves to the kind of merchandising tie-ins that have made “Cars” a juggernaut. Disney’s plans for hand-drawn animation are unclear, with only one project currently announced: “The Princess and the Frog,” a musical set in New Orleans that is scheduled to have its premiere in December 2009.

Disney has an insane number of options to reboot the franchise, including a TV series. “Up,” the next big Pixar film after “Wall-E,” is a comedy about a cranky, cane-wielding 78-year-old who transports his home to exotic locales by attaching hundreds of helium-filled balloons. ), Sign up to email and get a 50% Booking.com coupon, Expedia coupon: Extra 15% off things to do, Earn a 10% Priceline coupon and book today, Travelocity coupon code - Additional 17% off app bookings, Viator coupons: USA experiences starting at $10, Hotwire Car Rental promo: Save up to 50% on Hot Rate cars, Biden Ahead 10% Nationally, but Lead Narrows in Key States, Poll Shows. “Initially people were thinking, ‘Is something going to happen?’ ”, Regarding Disney’s list of promises, Mr. Catmull said: “We’ve never had to go back and look at it. Price, author of a newly published book from Knopf, “The Pixar Touch: The Making of a Company.”. Detractors might recall that Road Runner and Wile E. Coyote, two of the most beloved cartoon characters of all time, never uttered a word to each other. One successful example was “cars”. Anyone who wants to understand the power of Disney's ability to retell a story just needs to watch a few episodes of this show. The stock deal announced yesterday represents a quick fix for Disney's lagging animation business, which relies on movie characters that can be spun across its theme park, merchandise and television empires. “It makes a big difference when everyone is working for the same set of shareholders.”. The proposed deal comes with risks. In recent months, Disney’s shares have significantly outperformed those of most of its competitors. “If you are acquiring expertise,” he said, “then dispatch your newly purchased experts into other parts of the company and let them stretch their muscles.”.

This deal will only be insanely profitable if there is a "reboot" to the franchise. All of this juggling, some people say, has made him somewhat inaccessible. A co-founder of Pixar and director of “Toy Story,” Mr. Lasseter was unveiling the roster of films that an aligned Pixar and Walt Disney Animation Studios planned to release over the next four years. Disney protects and cherishes their franchises for what seems like forever. Personally, I enjoy watching Disney's recent deal making. IN April, the Walt Disney Company summoned movie theater executives for a rare audience before its reigning king of animation, John Lasseter. This could be blockbuster if done right, and Disney usually executes well.

The Star Wars franchise reputation has suffered because of substandard quality product.

Mr. Jobs, also the chief executive of Apple, had bitterly clashed with Michael D. Eisner, who was then running Disney. To put the Disney machine into perspective, we only have to look at what they are doing with their Once Upon a Time TV series. Aside from overseeing an ambitious slate of movies, Mr. Lasseter, who now shuttles between Burbank, near Los Angeles, and Emeryville, outside San Francisco, is involved in everything from approving special effects for the coming “Cars” ice tour to helping design theme-park attractions.

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