LOS ANGELES (UPI) – Insiders say an announcement is imminent that Disney and Pixar have renewed their distribution pact, it was reported Sunday. Neither side would comment on the report, however, Daily Variety said. Sources point to a new, closer relationship between the former rivals with Pixar's top executives gaining unprecedented access to the "Circle 7," a secret division formed under for Disney Chief Michael Eisner to make sequels to Pixar films. Disney has already started production on "Toy Story 3" and the division will soon announce a second sequel from among several scripts in development. Variety predicted the choice will be between "Finding Nemo 2" or "Monsters, Inc. 2." A renewal would ensure Disney's distribution rights to Pixar films and also keep the sequel production rights in the House of the Mouse, Variety said.
Tuesday, January 03, 2006
Disney, Pixar Reportedly Close to Renewal
LOS ANGELES (UPI) – Insiders say an announcement is imminent that Disney and Pixar have renewed their distribution pact, it was reported Sunday. Neither side would comment on the report, however, Daily Variety said. Sources point to a new, closer relationship between the former rivals with Pixar's top executives gaining unprecedented access to the "Circle 7," a secret division formed under for Disney Chief Michael Eisner to make sequels to Pixar films. Disney has already started production on "Toy Story 3" and the division will soon announce a second sequel from among several scripts in development. Variety predicted the choice will be between "Finding Nemo 2" or "Monsters, Inc. 2." A renewal would ensure Disney's distribution rights to Pixar films and also keep the sequel production rights in the House of the Mouse, Variety said.
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