I was half asleep listening to the news as I do every morning...

and they just announced on the news that Disney is looking at buying Pixar!! It was supposedly reported in the Wall Street Journal.

http://www.post-gazette.com/pg/05349/622919.stm

Wow that article is old (12/15/05). Seems like your morning news people a rea little behind on reporting...

Hmm... perhaps Disney likes Pixar computer movies (Toy Story, Monster's Inc, Finding Nemo) better than their own computer movies (Valiant, Chicken Little). :unsure8:

Hmm... perhaps Disney likes Pixar computer movies (Toy Story, Monster's Inc, Finding Nemo) better than their own computer movies (Valiant, Chicken Little). :unsure8:

Just for the record, Valiant wasn't theirs either. It was done with a company in England with a similar arrangement that they had with Pixar (I'll leave the name of the company as an exercise for the reader).

FYI

Disney and Pixar are in serious talks again as stated on CNN Headline News.

Steve Jobs, CEO of Pixar, would sell Pixar to Disney for $7B

If sold Steve Jobs will become the single largest Disney shareholder.

This is big.

This was rumoured a LONG time back,since Pixar left Disney. They tried making a contract up,but they didnt sign. Now they are going to buy Pixar out,for future movies(Monsters Inc 2,Toy Story 3,Finding Nemo 2,etc...)

The thing I find most interesting is the statement that "Steve Jobs would become the largest shareholder at Disney."

mmmmmmmmmmmm, somehow I like that. John Lassiter as head of Disney film and TV division? Ooooo yeah. :)

Disney already owns the rights to produce sequels to Pixar movies that came out under the old contract...

So Disney is not trying to buy Pixar so they can make a Monster Inc. 2, or a Toy Story 3...

Disney can already do that without any say from Pixar...

It's future successful Pixar movies that worries Disney...

yea pixar and idnsye bla bla and disney and pixar bla bla they are always on and off. well I think so and wnyway dik toy story is still my favorite classic movie!

I saw it on the National News this morning aswell...

The thing I find most interesting is the statement that "Steve Jobs would become the largest shareholder at Disney."

mmmmmmmmmmmm, somehow I like that. John Lassiter as head of Disney film and TV division? Ooooo yeah. :)

LOL; When I saw his post, I was kind of thinking that the owner of an animation studio wouldn't be the biggest shareholder as well. ;)

I never expected Pixar to break up fully with Disney. They've had too much success together.

heh with all of the money from the parks pixar will be bought in a snap.

Well the thing is that pixar makes a lot of animated,colorful movies for disney and I heard (it is a rumour) that Pixar left because of disney being lazy. However that would be awesome if Disney bought Pixar!!

My article may have been old but the latest news wasn't.

it was RIGHT after I woke up (had the TV on, eyes closed, computer off...heard it and it woke me enough to write) and I didn't check the date on the article.

I just googled until I found something, assuming it was new. :P Whoops.

Either way, it WAS reported this morning. :)

Wasn't Finding Nemo Disney and Pixar's last film together? I must admit that they made a fabulous team, but honestly, Disney has no flair for computer animating films themselves.

Oranges no, Cars is, but my sister's friend's father told my dad that Disney BOUGHT Pixar! Now i'm not confirming this, but that is what I heard.

KEBSD

Wasn't Finding Nemo Disney and Pixar's last film together? I must admit that they made a fabulous team, but honestly, Disney has no flair for computer animating films themselves.

No, the upcoming Cars is the last one.

You have to understand what "together" has meant for every movie except for the first Toy Story. It means that Pixar creates the idea, the story, and the animation - and then Disney distributes and markets it. (The first movie had a lot more Disney involvement in both the financing and creative process, and Disney owned more of it.)

Now, as Disney has often shown - good marketing does not save a bad movie, and a good movie often survives bad marketing. It is not even clear that Disney marketing is what it was - The Disney Stores are a shadow of what they once were, their deal with McDonalds is in horrible shape, and the other merchandise that Disney routinely creates for each show does not seem to sell well.

The other issue is that Disney doesn't just have no flair (so far) for computer animation - its flair for storytelling has suffered greatly. No wonder that people who want to tell great stories go to Pixar instead! Do you know how many people, from John Lassiter down, learned their craft at Disney?

It is widely beleived that Pixar has mirrored a lot of Walt Disney's early years - except Pixar has a bigger stream of hits. Right down to a bigger company taking away the hit characters of the smaller company (trivia question - who was Walt's big star before Mickey? The answer is in VMK, even). Right now - Disney needs Pixar more than Pixar needs Disney.

No!!! I really hope Disney doesn't buy Pixar. Disney might limit Pixar and what it can do! Pixar is a wonderfully creative company that's puts loads of time into their work. While Disney just wants to make a quick buck.

Great post Priz

Here is a small off-topic bit of information: Walt Disney Pictures did not help create the Chronicles of Narnia: The Lion, the Witch, and the Wardrobe. They endorsed it to further boost the audience attendance and/or appeal.

I personally feel that Disney is desperate. I think it trying to buy Pixar out of their fear of losing all their business to them. Everyone knows that Pixar worked/works with Disney, so they probably expect that they put out great films, so when everyone turns to Pixar in their self-sustaining business, Disney will be left to wallow in the lack of business.

heh with all of the money from the parks pixar will be bought in a snap.
Oh really? You think so?

It's not ALL about money, it's about rights to the movies. One of the reasons reported that Pixar originally broke up with Disney is because of arguing over rights of the movies.

I already thought they bought Pixar. lol I never usually go to Disney movies and will never/has not been to WDW or DL. So I'm sure you guys are right because I'm so slow when talking about shares or whatever. Thanks! I never knew all this stuff about Pixar. (The only thing I ever knew about Pixar was the shiny lamp stomping on the "I" before movies. lol)

Thats sad though that they would buy Pixar. Pathetic-ly sad actually. Like if they are THAT desperate. I found that interesting about the Narnia movie though. So they would see to this company making it just so they could put Disney before the movie, hoping to attract Disney-fanatics? Ermm, I still dont get it.

Huh? How is Oswald in VMK Priz?

I am not surprised Disney is thinking of buying Pixar.

lol, i hope they dont buy pixar. THey may make movies worse

FOr example: when filming narnia, disney wanted the children to enter narnia through a crack in the sidewalk.

lol, i hope they dont buy pixar. THey may make movies worse

FOr example: when filming narnia, disney wanted the children to enter narnia through a crack in the sidewalk.
That doesnt make sense at all..... First you say Pixar and then you use an example with Disney???

Sweet good news goofy blue maybe this will cause more disney movies??

That doesnt make sense at all..... First you say Pixar and then you use an example with Disney???

ughh.. what im trying to say is if Disney is not paired up with someone therte movies dont always..er turn out the good way

But you said you dont like pixar.........

Did you see this on the national news this morning GBShorts? I was just wondering if i knew which show as i watch the news every morning too but didnt hear that..

well instead of buying pixar i hope they just make and agreement like how it was before. the pixar movies have been some of the best ones recently and i hope that they can get over their differences and come back together.

But you said you dont like pixar.........

Did you see this on the national news this morning GBShorts? I was just wondering if i knew which show as i watch the news every morning too but didnt hear that..
I saw it on one of the National Financial station between 6 and 7 AM Eastern.

This was rumoured a LONG time back,since Pixar left Disney. They tried making a contract up,but they didnt sign. Now they are going to buy Pixar out,for future movies(Monsters Inc 2,Toy Story 3,Finding Nemo 2,etc...)
toy story 3 is already in development and its not being made by pixar. its going to be distributed by buena vista.

no, i did not say i didnt like pixar, i said that if disney bought pixar, disney mght make there movies with pixar anmation worse

the same people at pixar will still make the movies so the movies wont get worse...unless they run out of ideas...

toy story 3 is already in development and its not being made by pixar. its going to be distributed by buena vista.Two notes about Toy Story 3.

Pixar refused to make it, so Disney had to come up with people to do it - most animation directors approached also refused. They ended up with a guy generally considered to be a hack who only does low budget direct-to-video work. And none of the actors agreed either - they had to sign imitators.

Second, one of the reported stipulations in the Pixar/Disney talks is that Toy Story 3 not be made . . . which is why you'll find development on it has been halted by Iger.

For me, it seems like Disney is starting to fall apart a bit. They want MONEY.

It's really sad that they would sink so low and buy Pixar.

News Update

The Walt Disney Company board or directors has approved Rober Iger's request to formally offer terms to buy Pixar, thus making Steve Jobs the largest Disney shareholder and almost ensuring him a place on the board.

I predict Lassiter head of all film production within a year, and Jobs head of Disney within five years.

*** This is outside virtual magic kingdom, but I thought I would post this information within the news section. Moderators if this should be in another location please feel free to move. Personally, I love this deal and look forward to the merger ***

Walt Disney (DIS, news, msgs) said Tuesday it would acquire Steve Jobs' Pixar Animation Studios (PIXR, news, msgs), the creative force behind such animated hits as "Toy Story," "Monsters, Inc.," "Finding Nemo" and "The Incredibles," in a deal valued at $7.4 billion.

Under the terms of the proposed deal, Disney will issue 2.3 shares of common stock for each of Pixar's shares. Jobs himself will become a Disney director as well as Disney's largest single shareholder with about 7.2% of the common stock -- worth $3.6 billion, based on Disney's $25.99 New York Stock Exchange closing price.

The deal has been in the works for weeks and came after Disney's board of directors cleared the way for CEO Robert Iger to make an offer to buy Pixar. Disney shares climbed 1.84% during the trading day and Pixar shares fell 1.25%. But Wall Street got a chance to vote after the deal was announced. So far, the Street thinks the deal is a winner. Pixar was up 2.5%; Disney was off slightly.

The deal represents a Pixar takeover of Disney's animation business. Pixar President Ed Catmull will serve as President of the new Pixar and Disney animation studios. Pixar Executive Vice President John Lasseter will be Chief Creative Officer of the animation studios, as well as Principal Creative Advisor at Walt Disney Imagineering. Disney said Lasseter, who earlier in his career left Disney for Pixar, will "provide his expertise in the design of new attractions for Disney theme parks around the world." He will also report directly to Iger.

Walt Disney

The deal is a triumph for Iger, who found a way to bring an unhappy Jobs back to Disney after the distribution partnership between the companies had nearly fallen apart. That rift was blamed on former Disney CEO Michael Eisner, and Iger has been credited with repaired the relationship soon after being named CEO.

Jobs originally invested $10 million to buy Pixar, which had been the computer graphics division of Lucasfilm Ltd. Jobs' gain so far: 35,766%. Lucasfilm is the production company of George Lucas, who created the "Star Wars" film series.

Pixar shares tumbled last summer after the company lower second-quarter guidance. It bottomed at $41.25 and is up nearly 40% since.

Even more exciting:

"Pixar Executive Vice President John Lasseter will become chief creative officer of the animation studios and principal creative adviser at Walt Disney Imagineering, which designs and builds the company's theme parks."

Someone who appreciates classic animation as well as his own specialty of computer-generated and also understands the importance of the story behind the animation. This should translate very well to bolstering Disney's animation unit AND the parks themselves.

So disney is taking pixar... I knew it.. lol

great news I hope the children's place doesn't buy this out either LOL.

good news i suppose

i can't wait to buy the new Pixar studios room in VMK

I had heard of the brief seperation they had but, I cant believe Disney is buying off Pixar (though those are some rather large numbers we're talking about). Well, hope everything goes well with the purchase and business merge. So, I will finish this post with another Wow.......

what new pixar room?

it was a bad joke. ; )

Amen! Finally Disney and Pixar are back together! Maybe they'll change the Orlando park name from "Disney/MGM Studios" to "Disney/Pixar Studios", since Disney is losing the rights to the 'MGM' name sometime within the year.

But there is one problem... the Epcot ride Mission:Space is sponsored by HP. Steve Jobs, now the largest single shareholder of Disney stock, was one of the men who created Apple. Apple and HP are rivals of the computer industry. I wonder if Apple will end up the future sponsor of some rides... hmm.... :D

I was browsing and found a new article on this topic maybe u all may want to read it ;)
http://news.**********/s/ap/20060124/ap_en_mo/disney_pixar

This is wonderful news for both Pixar and Disney.

Here is the corporate Pixar link. Warning: you must provide your e-mail address.

http://corporate.pixar.com/MediaRegister.cfm?MediaID=18951

"The addition of Pixar significantly enhances Disney animation, which is a critical creative engine for driving growth across our businesses," Disney Chief Executive Robert Iger said in a statement announcing the deal.

"Disney and Pixar can now collaborate without the barriers that come from two different companies with two different sets of shareholders," said Jobs. "Now, everyone can focus on what is most important, creating innovative stories, characters and films that delight millions of people around the world."

"Pixar's culture of collaboration and innovation has its roots in Disney Animation. Our story and production processes are derivatives of the Walt Disney `school' of animated filmmaking," said Dr. Catmull. "Just like the Disney classics, Pixar's films are made for family audiences the world over and, most importantly, for the child in everyone. We can think of nothing better for us than to continue to make great movies with Disney."

The deal gives Jobs a stake in Disney worth some $3.7 billion. He owns a 50.6 percent stake in Pixar shares and has agreed to vote the equivalent of 40 percent of the outstanding Pixar shares in favor of the deal.

Disney also will surrender control of its world-famous animation studio, the birthplace of Mickey Mouse, to Pixar creative chiefs, Ed Catmull and John Lasseter. The companies will combine their animation operations.

Pixar President Ed Catmull will serve as President of the new Pixar and Disney animation studios, reporting to Iger and Cook, Chairman of The Walt Disney Studios. In addition, Pixar Executive Vice President John Lasseter will be Chief Creative Officer of the animation studios, as well as Principal Creative Advisor at Walt Disney Imagineering, where he will provide his expertise in the design of new attractions for Disney theme parks around the world, reporting directly to Iger. Pixar Chairman and CEO Steve Jobs will be appointed to Disney's Board of Directors as a non-independent member. With the addition of Jobs, 11 of Disney's 14 directors will be independent. Both Disney and Pixar animation units will retain their current operations and locations.

"For many of us at Pixar, it was the magic of Disney that influenced us to pursue our dreams of becoming animators, artists, storytellers and filmmakers," said Lasseter. "For 20 years we have created our films in the manner inspired by Walt Disney and the great Disney animators -- great stories and characters in an environment made richer by technical advances. It is exciting to continue in this tradition with Disney, the studio that started it all."

"The wonderfully productive 15-year partnership that exists between Disney and Pixar provides a strong foundation that embodies our collective spirit of creativity and imagination," said Cook. "Under this new, strengthened animation unit, we expect to continue to grow and flourish."

Sources: Luxo Blog. http://pixaranimation.blogspot.com/
Yahoo Business. http://biz.**********/bwml/060124/246101.html?.v=1
MSNBC. http://www.msnbc.msn.com/id/11003466/

i was listening to the news this afternoon and they said pixar will sell their company for 7.4 Billion!! dollars! that's alot

Pixar Executive Vice President John Lasseter will be Chief Creative Officer of the animation studios, as well as Principal Creative Advisor at Walt Disney Imagineering, where he will provide his expertise in the design of new attractions for Disney theme parks around the world, reporting directly to Iger.Best news I've heard in close to 20 years. (Gatsby's doing his happy dance.)

Pixar Executive Vice President John Lasseter will be Chief Creative Officer of the animation studios, as well as Principal Creative Advisor at Walt Disney Imagineering, where he will provide his expertise in the design of new attractions for Disney theme parks around the world, reporting directly to Iger.

Best news I've heard in close to 20 years. (Gatsby's doing his happy dance.)

Agreed! As a friend pointed out to me, this essentially gives Lasseter most of Walt's old job.

I have just heard that they HAVE bought pixar and it has cost i think about: $8, billion (£5,billion).
I wish i was as rich as Disney LOL.
Thats a nice price, and i love pixar like i do disney.

~StitchMad

Of course, that also means Toy Story 3 is dead in the water.

Of course, that also means Toy Story 3 is dead in the water.

Well, it is clear that the current Toy Story 3 is dead. It does not mean that the New Disney Animation won't do it.

It also raises the question about what will happen with future Disney animation that was in progress - such as Rapunzel Unbraided - will it (and its animators) move to the Pixar campus? Will the project be cancelled?

And I haven't seen anything that says what will happen to the Pixar name.

Of course, that also means Toy Story 3 is dead in the water.

Do not despair my friend...Toy Story III looks like it was going to be made directly by Disney before this merger occurred. The following Microsoft Money (http://news.moneycentral.msn.com/ticker/article.asp?Feed=AP&Date=20060125&ID=5407161&Symbol=US:DIS) news article discusses this briefly, but I have enclosed the quote below:

"One immediate sign of Lasseter's influence is that plans for Disney to make the long rumored sequel "Toy Story 3" on its own have been scrapped. If the film is made, it will be done by Lasseter and the other creators of the original film, the companies said".

Smile, If Toy Story 3 moves forward at least you will have the same creators/designers, which I think we would all prefer anyways.

Do not despair my friend...I think you misunderstand. I'm smiling that it's dead in the water. Jobs and Lasseter were strongly against the whole notion - they were against making the second one, but were forced to because of their contract.

Part of the split between Pixar and Disney occurred because Pixar refused to make a third one and Eisner proceeded to have one prepared anyway.

With Jobs' and Lasseter's new roles at Disney, I would not hold my breath for a Toy Story 3 - and I couldn't be more pleased with that turn of events.

"You can't top pigs with pigs." -- Walt Disney on not his making sequels, referring to the now forgotten followup to Three Little Pigs

yes it is finally ture i just heard it on the news Disney has finally bought out Pixar for a heafty 7.2 Million :):)

Oh My!!! Pixar Is Not Worth That LOL Ok Maybe They are But That Is One Large Chunk Of Change

It's actually 7.4 BILLION...

7.4 Million in Hollywood money is chump change...

In fact, a movie that is made for only 7.4 million is considered EXTREMELY low budget...

And Pixar was first bought for a mere 10 million dollars...

There goes all those movies...

not really. you see now they are disney exclusive so we will get lots more great movies. and now Steve Jobs is one of the biggest stock holders in the company.

w00t!!! i mean no!!!!!!!!! then PIXAR will make more CGI films and NO MORE ANIMATED FILMS WE ALL KMOW AND LOVE!!!! :(

guys guys disney bought pixar so they can make possibly monster's inc 2, toy story 3, all that stuff i think and yes i is 7.4 BILLION dollars

we love seaquels! unless they were sequels from a classic. those stunk.

It's just an addition onto the company.
Even though they are now the same company, their tittles will still remain seperate

Pixar will make the computer animated movies while Disney will continue with what they are doing
Even though Disney owns Touchstone, you dont see that really influencing Walt Disney Pictures same thing with the ESPN. But Disney does like to make those sports movies..

Here is one of the many articles:

Walt Disney Co., whose recent hand-drawn films have flopped at the box office, said Tuesday that it will pay 7.4 billion to buy Steve Jobs' Pixar computer animation film studio.
Mr. Jobs will join Disney's Board.
Disney will pay $59.78 a share for Pixar, a 3.8 percent premium to Pixar's Tuesday closing price of $57.57.
Pixar shares, which have risen 31 percent in the last 12 months, fell 70 cents Tuesday before the deal was annouced.
Disney's shares rose 47 cents $25.99.
In extend trading, Pixar gained $1.43 to $59; Disney lost three cents to $25.96
The agreement ends two years of questions over who would distribute Pixar's films
Mr.Jobs ended talks in 2004 to extend it's distribution deal with Disney, saying he'd seek another partner. Disney said at that time, that it couldn't accept Pixar's Final Offers because it didn't make sense finacially.
The Deal marks a coup for Disney's CEO, Robert Iger, who pegged reviving Disney's animation buisness as one of his top priorities up- on taking over from former CEO, Micheal Eisner in October.
Mr.Jobs had said he delayed picking a new distribution partner because Pixar was waiting to see who would succeed Mr.Eisner

WOW A lot of MONEY LOL
-CLAG

guys guys disney bought pixar so they can make possibly monster's inc 2, toy story 3, all that stuff i think and yes i is 7.4 BILLION dollars

No, Disney had the right to make those movies already.

They bought Pixar because they wanted to make money from the hit movies Pixar tends to make, instead of looking like fools.


Pixar will make the computer animated movies while Disney will continue with what they are doing


Well, not exactly.

The heads of Pixar will essentially be in charge at Walt Disney Pictures. So they will have more say in what Disney is doing.


Even though Disney owns Touchstone, you dont see that really influencing Walt Disney Pictures

Actually, you do. The purchase of the various studios has affected how Disney markets films, and gives them quite a quandry with some films. They've been known to change which studio will release a film if they're worried about how it will look. As another example, Disney's running of Miramax affected its movies so much that the original owners of Miramax eventually left.

In this case, however, I think Pixar has the clout to actually be the one in the drivers seat.

Huh, even 7.4 billion is a penny to Disney, even though they are cheaper then any company I can think of. You don't have any idea how much Disney can make in less then a day!!

now disney will ( should ) have awesome animation movies!!!!!!!!!!!

Disney bought pixar for $7.4 Billion.


That's alot of $$$$!

Im not sure it was Disney but yea! Someone did.. and i hear they're working on a Madagascar 2!

sounds awesome, i'm still in shock about how much money they bought pixar for

sounds awesome, i'm still in shock about how much money they bought pixar for
well instead of building their own company from the ground up, they just bought an existing one... and rumor has it (coughcough www.imdb.com ) that Toy Story 3 is going to be about Buzz Being Recalled... to Taiwan.

taiwan..well he could have been made there, and it oughta be good.

well instead of building their own company from the ground up, they just bought an existing one...


Well, this isn't exactly true. Not counting the original Walt Disney Feature Animation (you know...the people who have turned out a few dozen hits over a little more ethan half a century), there have been at least three major attempts to re-invent themselves from the ground up.

There was the Florida division, which turned out some of their few recent successes such as Mulan and Lilo and Stich before it was recently closed as part of a huge bloodletting.

There was the attempt in 2000 where they had a team trying to pioneer a new form of computer animation. The result, Dinosaur was a visual treat - but a story disaster. The production unit was closed down.

And finally there was the huge gutting of the animation department with the decree that they would make no more "hand-drawn" animation. The first result was Chicken Little. I haven't heard the state of this department now that it has, essentially, been replaced with the Pixar staff.

So its not that Disney hasn't tried. Just that they haven't done a very good job at managing the results.


and rumor has it (coughcough www.imdb.com ) that Toy Story 3 is going to be about Buzz Being Recalled... to Taiwan.

Rumor also has it that this project is now cancelled, now that the Pixar team is in charge of things.


and it oughta be good.


You're the only person I've heard of that had this opinion. :)

The writers for the project had done almost no animated writing before. One has no previous writing credits at all.

The director was well known for his direct-to-video productions - although not exactly considered the best movies out there. Such as Pocahontas II, The Hunchback of Notre Dame II, and Lion King 1 1/2.

It has been widely rumored that Disney actually tried to find writers and directors for the project, and most people turned them down. So these weren't even their first choice.

But as I said - rumor has it that this project has now been cancelled.


i hear they're working on a Madagascar 2


I think you're confusing Pixar with Dreamworks.

Well, it is clear that the current Toy Story 3 is dead. It does not mean that the New Disney Animation won't do it.

It also raises the question about what will happen with future Disney animation that was in progress - such as Rapunzel Unbraided - will it (and its animators) move to the Pixar campus? Will the project be cancelled?

And I haven't seen anything that says what will happen to the Pixar name.

Hey Prisoner, See this msn money (http://news.moneycentral.msn.com/ticker/article.asp?Feed=OBR&Date=20060126&ID=5452423&Symbol=US:PIXR)article discusses the Disney-Pixar merger conditions and it looks like the branding of films name after the merger is finalized will be "Disney Pixar". It looks like the studio though will retain just the name "Pixar", check out the article since its the first article I have seen regarding company name.

Disney is just wasting money,Disney already is a very succeful business.Though,I like Pixar and their CG-animation movies.NO!Wait until Walt hears this!oh wait nvm.

i read an article like that in my local neewspaper yesterday, I wondered what people on the forums would have to say about it anyway, i think it is smart, all the movies pixar and disney have done together in the past were good and big hits they probably made a lot of money of the movies and will make more now that they bought pixar

well million billion close enough LOL :):)

It's actually 7.4 BILLION...

7.4 Million in Hollywood money is chump change...

In fact, a movie that is made for only 7.4 million is considered EXTREMELY low budget...

And Pixar was first bought for a mere 10 million dollars...
ok good! i too was thinking that 7.4 million was much too cheap for an entire company. that's a pretty hefty investment, but i think it's a smart one as well :)

I thought I would update everyone on what's happening at Disney with the Pixar situation. This is from the Associated Press:One immediate sign of [John] Lasseter's influence is that plans for Disney to make the long rumored sequel "Toy Story 3" on its own have been scrapped. If the film is made, it will be done by Lasseter and the other creators of the original film, the companies said.According to sources at Disney Feature Animation, Lasseter and Ed Catmill have already announced to Feature Animation employees that the "Toy Story 3" production will end effective January 27. The announcement is quoted as having been, "sequels should only be made if there is a really great story that demands it, and should be the domain of those who created the original film."

This may finally mean the end of Bambi III, IV, V etc. Just in time, too. Could you imagine Pinocchio II: Jiminy's Revenge? Cheshire Cat's Big Adventure? (I shudder.)

Cheshire Cat's Big Adventure? (I shudder.)

Truly scary... especially considering that Alice already had a different sequel written - by the original author, no less... :D

Truly scary... especially considering that Alice already had a different sequel written - by the original author, no less... :DA.A. Milne wrote several Winnie the Pooh books/stories, but that didn't stop anyone at Disney. ;)

A.A. Milne wrote several Winnie the Pooh books/stories, but that didn't stop anyone at Disney. ;)

Too true. Too true.

Then again - considering the lawsuit they had over Pooh, that is hardly surprising.