ANIMATION STUDIOS
ADDRESS
Pixar Animation Studios
1200 Park Avenue
Emeryville, California 94608
Map
TELEPHONE
(510) 752-3000
FACSIMILE
(510) 752-3151
WEB SITE
www.pixar.com
"Pixar Animation Studios combines creative and technical artistry to create original stories in the medium of computer animation." They've created such digital, award winning masterpieces as Toy Story (1995), Toy Story 2 (1999), A Bug's Life (1998), Monsters, Inc. (2001), and have a new animated film coming out in May of 2003 called Finding Nemo. Future film projects include The Incredibles (holiday 2004) and Cars (holiday 2005). Pixar has also created many lovable short films. Pixar is also responsible for the development of the award winning PhotoRealisticRenderman® (PRMan), "...a technical specification for interfacing between modeling and rendering programs." Pixar's PRMan has quickly become the industry standard for digital rendering since it's development over a decade ago, and many films have relied on it because of it's ability to quickly and efficiently create complex images and effects that are beautiful, colorful, and amazingly realistic.
Pixar is a relatively small company, in which there is no evidence of any globalization or conglomeratization. And due to the Feature Film Agreement and Co-Production Agreement, signed May 1991 and February 1997 respectively with Walt Disney Pictures, there is also no sign of horizontal integration, vertical integration, or media synergy. The agreement states that Pixar Animation Studio will exclusively produce five original computer animated feature length films for distribution by Disney. The companies agreed to co-finance the production costs, co-own the film, co-brand the film, and share equally in the profits of each film and any related merchandise as well as other ancillary products. So all business outside the actually production of the film is done by Disney, but as soon as this Co-Production agreement is void, I believe Pixar will more than flourish on its own.
Annual Income: Pixar's total earnings in the fiscal year of 2002 were about $89,950,000.
Number of Employees: As of March 4, 2002, Pixar has 648 employees.
Ticker Symbol: PIXR
Stock Exchange: Check out Pixar on NASDAQ.
Stock Price: Click Here for the latest stock information on Pixar.
SEC 10-K: Click Here for Pixar's most recent 10-K report.
Current Financial Condition: "2002 was the most financially successful year in Pixar's history, driven by the phenomenal success of Monsters, Inc. and our growing film library," said Pixar CEO Steve Jobs. Recently, Pixar's stock prices have dropped, but the company remains financially strong and will continue to grow after the release of their latest animated film, Finding Nemo, which will be in theaters May 30, 2003.
In 1986, Steve Jobs purchased the computer graphics division of Lucasfilm, Ltd for $10 million and established Pixar as it's own independent company. Shortly after, Pixar and it's 44 employees produced their first animated short, Luxo Jr. In 1989, after producing several award winning shorts, Pixar makes its first commercial for Tropicana called "Wake Up." In 1990, the company was moved to Point Richmond, CA where it continued to create various commercials and shorts. In 1991, Pixar enters into the Feature Film Agreement with Walt Disney Pictures for whom they are to produce three feature length animated films. In 1995, Pixar finally went public with an initial public offering of 6,900,000 shares at $22 a pop. Toy Story is also released, marking the first fully computer animated feature film ever made, and becomes the highest grossing of 1995, bringing in over $190 million domestically and $358 million worldwide. In 1997, Pixar enters into a new agreement, superseding the first, with Disney (the Co-Production Agreement) in which the two companies will jointly produce five animated films. The number of employees working for Pixar expands to 375. Also, Pixar released the animated short, Geri's Game, which marked new advances in the ability to animate skin and cloth. In 1998, Pixar's second film is released, A Bug's Life, and breaks all previous U.S. thanksgiving weekend box-office records. It was the highest grossing animated film of 1998, making over $362 million worldwide. In 1999, Pixar breaks even more box-office records with the release of Toy Story 2, the only animated sequel to gross more than the original. The film grossed more than $483 million worldwide and broke opening weekend box-office records in the United States, United Kingdom, and Japan. In 2000, Pixar moves to it's current location in Emeryville, CA. Monsters, Inc., the companies fourth film, is released in 2001 and breaks several opening records. The film had the sixth largest opening in the entire history of the industry. This information and more can be found in the history section of the company web site.
Steve Paul Jobs, CEO and Chairman
Steve was born in 1955 in Los Altos, California. He was educated at Reed College, but dropped out only after one semester. In 1974, Steve starting working for Atari, Inc. as a video game designer. After making his first computer prototype in his garage with Steven Wozniak, a dropout from the University of California at Berkeley, Steven went on to become the CEO and co-founder of Apple Computer Corporation in 1976. He also is the CEO and co-founder of Pixar Animation Studios (1986). He's 46 and lives with his wife and kids in "Silicon Valley." Click on the picture above for addition information on Steve Jobs.
Ed Catmull, President
Dr. Catmull is 56 and was educated at the University of Utah where he earned his B.S. degree in computer science and physics as well as his Ph.D. in computer science. In 1979, he was the vice president of the computer division of Lucasfilm, Ltd., until he co-founded Pixar Animation Studios in 1986 He was one head developers of the RenderMan®, and has won many awards for his achievements in computer graphics and technology.
John A. Lasseter, Executive Vice President, Creative
John A. Lasseter was educated at the California Institute of the Arts where he earned his B.F.A. in film. There he produced two award winning animated films; Lady and the Lamp (1979) and Nightmare (1980). He worked as an animator for The Walt Disney Company for five years before moved on to Lucasfilm's Computer Division in 1984. He joined Dr. Catmull and Steve Jobs in 1986 when they founded Pixar Animation Studios. He now oversees all of Pixar's films and production and is also the director of 3 of the companies 4 films. He won an Oscar® in 1995 for Best Original Screenplay, which made Toy Story the first animated movie to be nominated in that category. He is 45.
Sarah McArthur, Executive Vice President, Production
Ms. McArthur earned her B.A. degree in theatre from the University of California, Santa Barbara. She also attended Carnegie-Mellon University's M.F.A. program in Theatre arts. She was the director of production for Walt Disney Company's Feature Animation Division in 1992, and was promoted to vice president of production in 1994. She joined Pixar in 1997. She is 45.
Ann Mather, Executive Vice President & Chief Financial Officer
Ann Mather, 41, and graduated from Cambridge University in England. She was the senior vice president of finance and administration of Walt Disney Company's Buena Vista International Theatrical Division before joining Pixar Animation Studios.
For financial information on Pixar's chief officers, check out part 3, item 11 on their most recent 10-K report.
Pixar released it's new RenderMan®11, and continues to develop software and systems to compliment RenderMan's® beautiful technology. Finding Nemo, the companies 4th full length animated film, is set to be released in May, and they are in the process of developing two new animated films; The Incredibles (holiday 2004) and Cars (holidays 2005). It is there goal to continue producing wonderful, beautiful animated films and to set higher standards for computer graphics and realistic animation.
VIACOM
DISNEY
NEWS CORPORATION
Canal+ Secures Broadcasting Rights To Five Disney and Disney/Pixar Animated Features
THQ To Develop Two Titles for Mac/IBM PC Based on Disney/Pixar's Finding Nemo
Pixar Takes Dive As Sector Retreats
Pixar's Next Move
Interesting In Becoming A Computer Animator?
TCOM 384 LEGAL BRIEF
1200 Park Avenue
Emeryville, California 94608
Map
TELEPHONE
(510) 752-3000
FACSIMILE
(510) 752-3151
WEB SITE
www.pixar.com
"Pixar Animation Studios combines creative and technical artistry to create original stories in the medium of computer animation." They've created such digital, award winning masterpieces as Toy Story (1995), Toy Story 2 (1999), A Bug's Life (1998), Monsters, Inc. (2001), and have a new animated film coming out in May of 2003 called Finding Nemo. Future film projects include The Incredibles (holiday 2004) and Cars (holiday 2005). Pixar has also created many lovable short films. Pixar is also responsible for the development of the award winning PhotoRealisticRenderman® (PRMan), "...a technical specification for interfacing between modeling and rendering programs." Pixar's PRMan has quickly become the industry standard for digital rendering since it's development over a decade ago, and many films have relied on it because of it's ability to quickly and efficiently create complex images and effects that are beautiful, colorful, and amazingly realistic.
Pixar is a relatively small company, in which there is no evidence of any globalization or conglomeratization. And due to the Feature Film Agreement and Co-Production Agreement, signed May 1991 and February 1997 respectively with Walt Disney Pictures, there is also no sign of horizontal integration, vertical integration, or media synergy. The agreement states that Pixar Animation Studio will exclusively produce five original computer animated feature length films for distribution by Disney. The companies agreed to co-finance the production costs, co-own the film, co-brand the film, and share equally in the profits of each film and any related merchandise as well as other ancillary products. So all business outside the actually production of the film is done by Disney, but as soon as this Co-Production agreement is void, I believe Pixar will more than flourish on its own.
Annual Income: Pixar's total earnings in the fiscal year of 2002 were about $89,950,000.
Number of Employees: As of March 4, 2002, Pixar has 648 employees.
Ticker Symbol: PIXR
Stock Exchange: Check out Pixar on NASDAQ.
Stock Price: Click Here for the latest stock information on Pixar.
SEC 10-K: Click Here for Pixar's most recent 10-K report.
Current Financial Condition: "2002 was the most financially successful year in Pixar's history, driven by the phenomenal success of Monsters, Inc. and our growing film library," said Pixar CEO Steve Jobs. Recently, Pixar's stock prices have dropped, but the company remains financially strong and will continue to grow after the release of their latest animated film, Finding Nemo, which will be in theaters May 30, 2003.
In 1986, Steve Jobs purchased the computer graphics division of Lucasfilm, Ltd for $10 million and established Pixar as it's own independent company. Shortly after, Pixar and it's 44 employees produced their first animated short, Luxo Jr. In 1989, after producing several award winning shorts, Pixar makes its first commercial for Tropicana called "Wake Up." In 1990, the company was moved to Point Richmond, CA where it continued to create various commercials and shorts. In 1991, Pixar enters into the Feature Film Agreement with Walt Disney Pictures for whom they are to produce three feature length animated films. In 1995, Pixar finally went public with an initial public offering of 6,900,000 shares at $22 a pop. Toy Story is also released, marking the first fully computer animated feature film ever made, and becomes the highest grossing of 1995, bringing in over $190 million domestically and $358 million worldwide. In 1997, Pixar enters into a new agreement, superseding the first, with Disney (the Co-Production Agreement) in which the two companies will jointly produce five animated films. The number of employees working for Pixar expands to 375. Also, Pixar released the animated short, Geri's Game, which marked new advances in the ability to animate skin and cloth. In 1998, Pixar's second film is released, A Bug's Life, and breaks all previous U.S. thanksgiving weekend box-office records. It was the highest grossing animated film of 1998, making over $362 million worldwide. In 1999, Pixar breaks even more box-office records with the release of Toy Story 2, the only animated sequel to gross more than the original. The film grossed more than $483 million worldwide and broke opening weekend box-office records in the United States, United Kingdom, and Japan. In 2000, Pixar moves to it's current location in Emeryville, CA. Monsters, Inc., the companies fourth film, is released in 2001 and breaks several opening records. The film had the sixth largest opening in the entire history of the industry. This information and more can be found in the history section of the company web site.
Steve Paul Jobs, CEO and Chairman
Steve was born in 1955 in Los Altos, California. He was educated at Reed College, but dropped out only after one semester. In 1974, Steve starting working for Atari, Inc. as a video game designer. After making his first computer prototype in his garage with Steven Wozniak, a dropout from the University of California at Berkeley, Steven went on to become the CEO and co-founder of Apple Computer Corporation in 1976. He also is the CEO and co-founder of Pixar Animation Studios (1986). He's 46 and lives with his wife and kids in "Silicon Valley." Click on the picture above for addition information on Steve Jobs.
Ed Catmull, President
Dr. Catmull is 56 and was educated at the University of Utah where he earned his B.S. degree in computer science and physics as well as his Ph.D. in computer science. In 1979, he was the vice president of the computer division of Lucasfilm, Ltd., until he co-founded Pixar Animation Studios in 1986 He was one head developers of the RenderMan®, and has won many awards for his achievements in computer graphics and technology.
John A. Lasseter, Executive Vice President, Creative
John A. Lasseter was educated at the California Institute of the Arts where he earned his B.F.A. in film. There he produced two award winning animated films; Lady and the Lamp (1979) and Nightmare (1980). He worked as an animator for The Walt Disney Company for five years before moved on to Lucasfilm's Computer Division in 1984. He joined Dr. Catmull and Steve Jobs in 1986 when they founded Pixar Animation Studios. He now oversees all of Pixar's films and production and is also the director of 3 of the companies 4 films. He won an Oscar® in 1995 for Best Original Screenplay, which made Toy Story the first animated movie to be nominated in that category. He is 45.
Sarah McArthur, Executive Vice President, Production
Ms. McArthur earned her B.A. degree in theatre from the University of California, Santa Barbara. She also attended Carnegie-Mellon University's M.F.A. program in Theatre arts. She was the director of production for Walt Disney Company's Feature Animation Division in 1992, and was promoted to vice president of production in 1994. She joined Pixar in 1997. She is 45.
Ann Mather, Executive Vice President & Chief Financial Officer
Ann Mather, 41, and graduated from Cambridge University in England. She was the senior vice president of finance and administration of Walt Disney Company's Buena Vista International Theatrical Division before joining Pixar Animation Studios.
For financial information on Pixar's chief officers, check out part 3, item 11 on their most recent 10-K report.
Pixar released it's new RenderMan®11, and continues to develop software and systems to compliment RenderMan's® beautiful technology. Finding Nemo, the companies 4th full length animated film, is set to be released in May, and they are in the process of developing two new animated films; The Incredibles (holiday 2004) and Cars (holidays 2005). It is there goal to continue producing wonderful, beautiful animated films and to set higher standards for computer graphics and realistic animation.
VIACOM
DISNEY
NEWS CORPORATION
Canal+ Secures Broadcasting Rights To Five Disney and Disney/Pixar Animated Features
THQ To Develop Two Titles for Mac/IBM PC Based on Disney/Pixar's Finding Nemo
Pixar Takes Dive As Sector Retreats
Pixar's Next Move
Interesting In Becoming A Computer Animator?
TCOM 384 LEGAL BRIEF