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  • Robert Igers statement at the Bear Stams & Co media conference.

    Filed by The Walt Disney Company pursuant to Rule 425 promulgated under the
    Securities Act of 1933, as amended, and deemed filed pursuant to Rule 14a-12
    promulgated under the Securities Act of 1934, as amended.
    Subject Company: Pixar
    Commission File No.: 0-26976
    The following are excerpts from a transcript of an interview given by Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company at the Bear Stearns & Co. 19th Annual Media Conference on the evening of February 27, 2006. The excerpts contain only those portions of the transcript relating to discussions of the proposed acquisition of Pixar by The Walt Disney Company pursuant to the terms of an Agreement and Plan of Merger, dated as of January 24, 2006.







    And what Pixar has managed to do is to create five great franchises, and it is on course to create many more and that is why we (indiscernible) of the Company.
    . . .

    . . .






    * * *
    Forward-Looking Statements:



    For Additional Information:
    www.sec.gov, or by directing a request is made to The Walt Disney Company, 500 South Buena Vista Street, Burbank, CA 91521-9722, Attention: Shareholder Services or by directing a request when such a filing is made to Pixar, 1200 Park Avenue, Emeryville, CA 94608.
    Growing older is manditory
    Growing up is however, optional

  • #2
    Re: Robert Igers statement at the Bear Stams & Co media conference.

    Originally posted by hammer, hitting a nail on its head
    I was at the opening of Hong Kong Disneyland and standing with a few thousand other people watching the parade go by and I realized that there wasn’t a character in the parade that had come from a Disney animated film in the last ten years except for Pixar. And although it was relatively known to me that we had exploited these characters across multiple businesses and multiple countries over time, it really hit me hard that we had had ten years of real failure in many respects in the business that I believe was the most vital to us.
    Um, yeah, we've been saying that for about ten years now.

    Oh, and here's a coincidence, from http://www.cjr.org/tools/owners/disney-timeline.asp :

    1996 - Capital Cities/ABC officially becomes part of the Disney Company. Disney.com is launched. Disney gains ownership stake in Major League Baseball's California Angels. Team later changes its name to the Anaheim Angels. Radio Disney is launched
    I guess that's when the distractions away from the core audience started.

    Comment


    • #3
      Re: Robert Igers statement at the Bear Stams & Co media conference.

      Actually I see thirteen problems:

      Originally posted by WaltDisneyResource.net
      1. Pocahontas (1995)
      2. The Hunchback of Notre Dame (1996)
      3. Hercules (1997)
      4. Mulan (1998)
      5. Tarzan (1999)
      6. Fantasia 2000 (2000)
      7. The Emperor's New Groove (2000)
      8. Atlantis: The Lost Empire(2001)
      9. Lilo and Stich (2002)
      10. Treasure Planet (2002)
      11. Brother Bear (2003)
      12. Home on the Range (2004)
      13. Chicken Little (2005)
      The best and most marketed character of these films by far is Stitch...

      It started when Alan Menken worked with Steven Schwarts instead of Tim Rice...

      Basically everything after the Lion King has been problematic or disasterous...
      Last edited by cellarhound; 03-01-2006, 11:23 AM.
      Check out my other blog:

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      • #4
        Re: Robert Igers statement at the Bear Stams & Co media conference.

        14. Dinosaur (2000)
        "I'm working on changing Hollywood...at the studio that fired me twice."
        --John Lasseter

        Comment


        • #5
          Re: Robert Igers statement at the Bear Stams & Co media conference.

          Originally posted by Doopey1
          14. Dinosaur (2000)
          I still don't know if it really counts...

          I mean, I bet you if you asked most american's about this film they even remember that it was MADE by Disney...
          Check out my other blog:

          Comment


          • #6
            Re: Robert Igers statement at the Bear Stams & Co media conference.

            Pocahontas and Mulan were fantastic, and were, by animation and storyline and music standards, up with the classics. At least the renaissance classics.
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            • #7
              Re: Robert Igers statement at the Bear Stams & Co media conference.

              Mulan is near-great, although the tone was a little uneven. I'm a fan.

              Pocahontas is a revisionist, self-serious, pretentious mess but I agree that the animation is pretty.
              "I'm working on changing Hollywood...at the studio that fired me twice."
              --John Lasseter

              Comment


              • #8
                Re: Robert Igers statement at the Bear Stams & Co media conference.

                I kinda liked these movies
                1. Hercules (1997)
                2. Tarzan (1999)
                3. Fantasia 2000 (2000)
                4. Lilo and Stich (2002)
                5. Treasure Planet (2002)
                6. Brother Bear (2003)
                Agreed they aren't on par with the classics as the characters are mostly forgetable (except for Stitch) and there wasn't any great songs (except for Phil Collins song in Tarzan), but I still found them enjoyable.
                Growing older is manditory
                Growing up is however, optional

                Comment


                • #9
                  Re: Robert Igers statement at the Bear Stams & Co media conference.

                  Originally posted by Speedway
                  Pocahontas and Mulan were fantastic, and were, by animation and storyline and music standards, up with the classics. At least the renaissance classics.
                  I learned 2 things from watching Pocahontas.

                  1) That apparently all native Americans spoke fluent English.

                  2) That Mel Gibson can NOT sing.
                  Growing older is manditory
                  Growing up is however, optional

                  Comment


                  • #10
                    Re: Robert Igers statement at the Bear Stams & Co media conference.

                    I think we all have films from that list that we may personally enjoy or appreciate. But the main point is that, apart from Stitch, none of these films or the characters in them have captured the public's affection or taken on pop cultural significance the way that the pre-1995 films and the Pixar films have.
                    "I'm working on changing Hollywood...at the studio that fired me twice."
                    --John Lasseter

                    Comment


                    • #11
                      Re: Robert Igers statement at the Bear Stams & Co media conference.

                      Originally posted by Speedway
                      Pocahontas and Mulan were fantastic, and were, by animation and storyline and music standards, up with the classics. At least the renaissance classics.
                      Well, the public didn't think so... Sorry to be a by the number's thumper, BUT... this is a business thread...

                      -----------------

                      Film - Total Domestic Gross

                      Lion King - $328,541,776
                      Pocahontas - $141,579,773
                      Hunchback of Notre Dame - $100,138,851
                      Hercules - $99,112,101
                      Mulan - $120,620,254
                      Tarsan - $171,091,819
                      Fantasia 2000 - $60,655,420
                      Emperor's New Groove - $89,302,687
                      Atlantis - $84,056,472
                      Lilo & Stitch - $145,794,338
                      Treasure Planet - $38,176,783
                      Brother Bear - $85,336,277
                      Home on the Range - $50,030,461
                      Chicken Little - $134,637,797

                      ------------

                      Notice a trend?
                      Check out my other blog:

                      Comment


                      • #12
                        Re: Robert Igers statement at the Bear Stams & Co media conference.

                        Originally posted by OogieBoogie
                        Agreed they aren't on par with the classics as the characters are mostly forgetable (except for Stitch) and there wasn't any great songs (except for Phil Collins song in Tarzan), but I still found them enjoyable.
                        The last true classic that was made really was The Lion King...

                        I am not saying that the films that proceeded it didn't have great moments, memorable characters or great songs...

                        I think the films became damaged... after Direct to Video sequels hit the market...

                        Return of Jafar (1994)
                        Aladdin and the King of Theves (1996)
                        Beauty and the Beast: Enchanted Christmas (1997)
                        Beauty and the Beast: Belles Magical World (1998)
                        Pocahontas II (1998)
                        The Lion King II (1998)
                        Extremely Goofy Movie (2000)
                        Buzz Lightyear of Star Command (2000)
                        Little Mermaid II (2000)
                        Lady and the Tramp II (2001)
                        Cindarella II (2002)
                        Hunchback of Noltre Dame II (2002)
                        Tarzan and Jane (2002)
                        101 Dalmations II (2003)
                        Atlantis: Milo's Return (2003)
                        Stitch! (2003)
                        The Lion King 1 1/2 (2004)
                        Mulan II (2005)
                        Tarzan II (2005)
                        Lilo & Stitch II (2005)
                        Kronk's New Groove (2005)
                        Bambi II (2006)

                        ----------

                        You may notice a trend here too... There where no direct to video sequels before 1994...
                        Check out my other blog:

                        Comment


                        • #13
                          Re: Robert Igers statement at the Bear Stams & Co media conference.

                          I donno.. Lion King 1 1/2 was pretty damn funny. The rest were rental quality.
                          Growing older is manditory
                          Growing up is however, optional

                          Comment


                          • #14
                            Re: Robert Igers statement at the Bear Stams & Co media conference.

                            My thesis here is that it wasn't the ABC/Cap Cities purchase that distracted Disney... Rather the barage of Direct to Video Sequels that damaged the Disney Brand... And that damage is seen at the Box Office Returns of the Feature Animation over the last ten years...

                            It has been so damaging that when something good came out of the Animation Studio (Lilo & Stitch) the product was seen as damaged to the public.

                            Now contrast this with Pixar... Who if and when they do sequels. The bar is raised... Sequels are not done for the sake of doing sequels...

                            The point is that every movie since the Lion King, movies need to be the type a sequel and animated show can be created from...

                            The Lasseter Doctrine of "let the originators be alowed to create the sequel" is going to help...
                            Check out my other blog:

                            Comment


                            • #15
                              Re: Robert Igers statement at the Bear Stams & Co media conference.

                              Originally posted by cellarhound
                              The point is that every movie since the Lion King, movies need to be the type a sequel and animated show can be created from...
                              I agree with this claim. (I don't know if it's true, but the evidence clearly shows this, even as we hear rumors of Home on the Range II.)
                              What this does is that it waters down the characters. There's no great need to create a complicated backstory for a character, since someone will have to remember that in sequels, and that someone is not likely to be the originators. And, that backstory can be in the sequel. You might even have to save it for some unnumbered sequel. "Hey I got a great story for that chipmunk from 'Groove': he's really the emperor next door!..."
                              With original, no-need-for-sequel movies, these backstories can be woven into plots.
                              Quality does not stretched very well. It gets thin. that's what these sequels did.

                              Comment

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