Disney's Iger Paints Poor Pixar Prospects
Created 09/28/2004 - 23:00
files/pictures/picture-35.jpgDisney president Robert Iger said on Wednesday that a renewed deal between the house that Walt built and Pixar Animation Studios was "unlikely, reports REUTERS. He added that partnerships like the one Disney had with Pixar to distribute its films often "outgrow one another."
"If it's not Pixar, it will be someone else," Iger told an audience at the Royal Television Society's international conference in London.
Earlier in 2004, Pixar stopped talks with Disney to extend its distribution deal. Pixar wanted to retain more of the profits and wants rights to its previously produced films with Disney. However, ever since talks stopped, rumors have circulated that Pixar would return to Disney, especially if ceo Michael Eisner was ousted or stepped down. Eisner announced he would retire once his contract is up in 2006 last week.