Pixar CEO Steve Jobs late yesterday clarified comments made by Disney CEO Michael Eisner during Disney’s quarterly earnings call.
Eisner said during the call that Disney/Pixar had three movies and at least two sequels left in their contract. Jobs disputed those numbers, more specifically the number of sequels Pixar is required to make.
“Pixar has only three pictures left to deliver under its current deal with Disney, and all three of these pictures are currently in some stage of production,” said Jobs. “While Pixar has the right of first refusal to make sequels of its films, it has no obligation to do so. Pixar enjoys a very successful relationship with Disney and we look forward to completing the remaining three pictures of our current deal.”
Pixar is behind such hit movies as Toy Story; A Bug’s Life; Toy Story 2; and Monsters, Inc. Pixar will release its fourth quarter 2001 earnings on Thursday, February 7, 2002.