[Cavey]

Okay, maybe the title to this thread is a bit over the top, but here's hope:

Originally Posted by Reuters

Disney, Pixar Talks Seen Likely After Eisner Exit
Mon Mar 14, 4:39 PM ET Entertainment - Reuters
By Gina Keating

LOS ANGELES (Reuters) - Pixar Animation Studios Inc. likely will reopen talks on a distribution deal with the Walt Disney Co. now that Disney CEO Michael Eisner is set to depart in September, analysts said on Monday.

Eisner, who will be replaced by Disney President Robert Iger, was seen as the main stumbling block for Disney to renew its lucrative partnership with Pixar because of his turbulent relationship with Pixar Chief Executive Steve Jobs (news - web sites).


Pixar, which produced such blockbuster films as "Toy Story," "Finding Nemo" and "The Incredibles" in its partnership with Disney, was also seen as holding a better bargaining position with Iger at Disney's helm.


"I just think this puts a lot of pressure on the Walt Disney Company," Fulcrum Global Partners analyst Rich Greenfield said. "Bob Iger, once he takes over, will be faced with this negotiation as one of his first acts as CEO ... Disney needs (Pixar) very badly."

Greenfield said Jobs would likely press his advantage to get better terms than he could have squeezed from Eisner. Pixar films have taken in about $3 billion at the box office worldwide, and Disney has had the bigger share of profit.

"The pressure is on Disney, not Pixar," Greenfield said.

Last month, Jobs told analysts that Pixar "likely ... will not forge a new relationship with Disney beyond our current deal," but did not elaborate about how far talks with Disney had progressed or where else Pixar might look for a partner.

Pixar has pushed back its target date for finding a new distributor a number of times and said that "musical chairs" in Hollywood was part of the reason, giving some hopes that a new Disney deal was possible.

Anthony Sabino, a business and law professor at St. John's University in New York, warned that Pixar would play an important part in helping Iger win the board's confidence.

"One of his top priorities and maybe his top priority has got to be to reach out to Pixar and negotiate with them again," Sabino said.


Lehman Brothers analyst Anthony DiClemente called the development at Disney "not ... a huge surprise to Pixar investors" and in a research note said a deal was "less likely" between the two companies.

Pixar's partnership with Disney expires with the June 9, 2006, release of its seventh film, "Cars," and it must have a new distributor in place before its eighth film is released in summer of 2007.

Pixar spokesman Tom Sarris on Monday said the company had no further comment on the distributor search or about developments at Disney. Sarris would not say whether Jobs and Iger had ever met.

Shares of Pixar closed up $1.98, or 2.2 percent, at $90.96 on Nasdaq.

[OffKilterFan]

here's to hoping!

[dznygrl]

If they continued, that would be splendiferous!

[JiminyCricket]

Disney and Pixar is like chocolate and peanut butter. They need each other.

[mickey]

Personally, I think if it had been an outsider, chances would have been very good that the relationship would have rekindled. It will be interesting to watch. My guess is that the number one request by jobs is the halt of any sequels by Disney to the current Pixar movies.

[goofyguy1958]

Well, I am hoping that Iger is more open to the creative history of the Disney Co. unlike Eisner who seemed to do everything in his power to rid Disney of any creative talent. Eisner became too myopic in his share holder only focus and let, as well as pushed out, too much creative talent. Iger my bring new life to Disney creativity, and I am stretching to be optomistic here, if the resurgence of ABC is any sign. Hey, can't falt me for looking for the silver lining.

[OffKilterFan]

Originally Posted by JiminyCricket

Disney and Pixar is like chocolate and peanut butter. They need each other.

I like that analogy ;)

[dhoughton]

Disney and Pixar----that would be SATISFACTUAL!!!

[Baloo85]

Do you know how awesome that would be if Iger saves the relationship between the two!!! O man...I hope he does!!