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Toy Story 3 News

Toy Story 3 News
Check out Toy Story's role in Turning Points in Film History (book text online)

Toy Story 3 News

November 11, 2005

Recently, Disney released "Chicken Little," the company's first animated film since revamping its animation studio. Executives are hoping that the movie will return Disney to the glory of its animation past. With the film flying in at the top of the box office charts this week, those hopes seem promising. Long the distributor of hit animated films from Pixar such as "The Incredibles" and "Finding Nemo," Disney chose to use its own animators, writers and artists for "Chicken Little."

Pixar has a joint venture with Disney to make and market animated films through 2006. Pixar shareholders would like to see a pact that doubles Pixar's profits on future feature films. Under the current agreement, Pixar and Disney split production costs and profits evenly, with Pixar paying Disney a 12.5% distribution fee of its share of box-office receipts. Disney has extensive rights to any sequels made from these movies, which also include "Monsters Inc." and "A Bug's Life." Some analysts expect that a distribution deal could be finalized before the end of the year, which would allow Pixar to begin production on "Toy Story 3," a potentially lucrative sequel to its flagship franchise. McAlpine says Pixar could negotiate a lower distribution fee for new features, perhaps as low as 7% to 8% of the studio's share of box-office receipts. A 9% fee is typical.

Pixar's chairman, Steve Jobs, and Robert Iger, Disney's newly named chief executive, have been in talks since early summer on extending an agreement for Disney to continue distributing Pixar films. It appears that serious negotiations have not begun, as both sides wait to see how "Chicken Little" performs in movie theaters. If "Chicken Little" is a hit, Disney will get some of its pride back. A hit movie would show Wall Street and Jobs that Disney is not completely dependent on Pixar for the creation of new animated movie characters.If the movie is not well received by critics or moviegoers -- which is looking less and less likely -- Jobs gains leverage, since Disney would be seen as needing Pixar to help come up with new stories.Compared with recent Pixar-produced hits such as "Toy Story 2," which in 1999 had a $57.4 million opening weekend, and "Finding Nemo," whose $70 million opening weekend in 2003 set a record for an animated film, Disney's first computer-generated effort looks like a weak cluck. "

As far as Disney is concerned, it wants to continue to have a relationship with Pixar," says Hamilton Faber, an analyst at Atlantic Equities, an independent research firm in London. "Pixar is really seen as the creative force."

There's more reason to expect a deal. Last month, Disney Chief Executive Robert Iger appeared onstage with Steve Jobs, CEO of both Apple Computer and Pixar, as the two announced that Disney would distribute content for Apple's new video iPod. Terms of the agreement are still unknown.

Neither Disney nor Pixar has commented publicly except to say that talks were continuing. Detailed negotiations between Disney and Pixar are likely to begin in mid-November and could be wrapped up by late December or early January.The studios have several issues to grapple with, including who would have creative oversight over new Pixar characters at Disney theme parks and how revenue from rides and other attractions would be divided. Both sides have time constraints that make a decision near the end of the year likely. If Pixar does not reach a deal with Disney, Jobs would need time to find a new distribution partner. Disney executives, meanwhile, are eager to begin production on "Toy Story 3," a sequel to Pixar's "Toy Story."

Pixar Tells the Story Behind Toy StoryAugust 2005
When Hollywood was churning out movies full of explosions and mindless violence a few years ago, Pixar Animation Studios swam against the stream with "Finding Nemo," a G-rated feature that received four Academy Award nominations and grossed more than $355 million.
Today, of course, Pixar's filmmaking wisdom is self-evident. Mention the animation studio and everyone nods wisely.
But as Pixar celebrated the 10th anniversary of "Toy Story,'' its debut film, the creative minds behind the studio for the first time told the real story of how they almost lost the picture. Not only did the big-money folks at Disney who bankrolled the film not understand the vision of "Toy Story,'' they hated it so much they shut down production. (read the rest here)

Toy Story 3: Expected in 2008
17th March 2005: Movie News: Toy Story 3:
News Item Posted by: Gary Gray

News reaches us that Disney have started work on Toy Story 3, without the particapation of Pixar! They have charged 40 people over at their new animation unit to start work and the story is thought to be centring on the toy's adventures after Buzz Lightyear gets recalled to the Taiwan factory where he was made! Read more here

Toy Story 3January 2005

No one wants to direct "Toy Story 3."That's the word in Hollywood's animation world, where the third installment of the incredibly successful Pixar series has no director, writer or, possibly, stars.My sources in the animation biz tell me that Disney, which will make "Toy Story 3" without Pixar, cannot find a director to guide the project.John Lasseter, who directed the first two movies, will stay with Pixar after he finishes its last Disney-distributed movie, "Cars," set for release in 2006.It's also undetermined whether stars Tom Hanks and Tim Allen will reprise their roles in the new film. The odds are that Hanks won't, but that Allen — who's made some successful family films at Disney — will.Hanks, it's noted, is very close to former Disney chief Jeffrey Katzenberg, who now runs Dreamworks. Hanks has already made two films for Dreamworks, thanks to his friendship with another of the company's three principal partners, Steven Spielberg. (Read the rest of the story here)

Read about the Disney War: Inside Disney

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