Pixar and Disney go their seperate ways

[daniel1113]

Originally posted by: MaxDepth

Disney chief financial officer Thomas Staggs said the company rejected Pixar's "final offer" because it would have cost Disney hundreds of millions of dollars it is entitled to under the existing agreement "while not providing sufficient incremental returns on new collaborations to justify the changes to the existing deal."

So Disney basically was was saying either we have total ownership of the your idea (for free) or we won't deal at all. So either any revenue from academy award nominated and winning movies or none, and they choose none. And it also frees Pixar from having their ideas (storyline and characters) pimped out to other Disney related things.

I bet Roy Disney is laughing his ass off right now. Pixar has two more movies in the pipeline on contract to Disney, so this year's revenues won't be off. So basically Disney has 10 months to rev up their animation studios to try and out-Pixar Pixar next year.

Disney also wanted to require Pixar to produce sequels for many of its hit movies. Needless to say, the Pixar guys weren't too excited about that.

The humorous part about this whole situation is that Pixar doesn't need Disney. However, Disney needs Pixar (or at least an equivalent company).

 

[Ryan]

The only real negative is the loss of a huge cash flow. Disney had the ability to pump whatever amount of cash they wanted to into a movie. Maybe each one of their movies will now be a joint veture with other movie studios to provide the serious cash flow needed