TITLE

Bargaining power

AUTHOR(S)
Szalai, Georg
PUB. DATE
August 2003
SOURCE
Hollywood Reporter -- International Edition;8/12/2003, Vol. 379 Issue 47, p11
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
With Pixar Animation Studios Inc. last week exceeding 2003 second-quarter earnings expectations on the continued international boxoffice strength of "Finding Nemo," Wall Street turned its attention to the strong results' implications for the company's stock and the future of its partnership with the Walt Disney Co. "Nemo," which has made $325 million at the North American boxoffice so far, could gross $730 million worldwide, according to Pixar. With critical acclaim and financial momentum on its side, Wall Street observers say Pixar is now in a stronger position to extend an output deal with Walt Disney on more attractive terms. In a conference call, Pixar chief executive officer Steve Jobs for the first time said outright that his preference is to remain with Disney, but he also made clear that Pixar will have other alternatives.
ACCESSION #
10653029

 

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