In what I believe is one of the smartest moves a company has made in a long time,
LOS ANGELES, Jan 29 (Reuters) - Pixar Animation Studios Inc.(NasdaqNM:PIXR - News) said on Thursday it ended talks with Walt Disney Co.(NYSE:DIS - News) to renew a lucrative movie distribution deal that has resulted in such blockbusters as "Toy Story" and "Finding Nemo."
Pixar, the computer animation pioneer founded by Apple Computer Inc.'s (NasdaqNM:AAPL - News) Steve Jobs, said it would look for another studio partner to distribute its films starting in 2006, when its current deal with Disney expires
Read the whole thing in this Yahoo article. I say good for them! Let Disney rot in the hole they dug for themselves. Disney needs them and not the other way around.
I hope there is a much brighter future on the horizon for the creative minds at Pixar!
Pixar quits Disney talks, seeks new partner
LOS ANGELES, Jan 29 (Reuters) - Pixar Animation Studios Inc.(NasdaqNM:PIXR - News) said on Thursday it ended talks with Walt Disney Co.(NYSE:DIS - News) to renew a lucrative movie distribution deal that has resulted in such blockbusters as "Toy Story" and "Finding Nemo."
Pixar, the computer animation pioneer founded by Apple Computer Inc.'s (NasdaqNM:AAPL - News) Steve Jobs, said it would look for another studio partner to distribute its films starting in 2006, when its current deal with Disney expires
Read the whole thing in this Yahoo article. I say good for them! Let Disney rot in the hole they dug for themselves. Disney needs them and not the other way around.
I hope there is a much brighter future on the horizon for the creative minds at Pixar!
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