Pixar

Pixar

Pixar was first founded as the graphics group, one third of the Computer Division of Lucasfilm that was launched in 1979. The team began working on film sequences produced by Lucasfilm or worked collectively with Industrial light and magic on special effects. The group was then purchased by Steve Jobs shortly after he left Apple Computers and paid $5 million to George Lucas and put $5 million as capital into the company.

At first Pixar was a high-end computer hardware company whose core product was the Pixar Image Computer, a system primarily sold to government agencies and the medical community. One of the buyers of Pixar Image Computers was Disney Studios.

Pixar had a $26 million deal to produce 3 animated films one of which was toy story, Jobs almost sold Pixar to Microsoft it was only until Toy Story would be released in the summer holidays of 1995 did he decide not too which went on to gross more than $350 million.

Pixar and Disney then had their disagreements but in 2006 Disney announced the acquisition of Pixar for $7.6 billion.

Financing

Pixar gets its financing from different companies to make and produce the films and at first had a deal with Disney to produce 3 animated films and split the profits 50/50 but when Disney bought Pixar in 2006 they now both work together to finance and produce the films and have grossed $2.5 billion over the years.

Some of the films Pixar have produced and how much they grossed

Pixar logo