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May 28, 2004
Disney Cartoon Sequels Could Damage Pixar
In a private meeting this week with a leading Wall Street analyst, Walt Disney Co. CEO Michael Eisner confirmed earlier company statements that the studio has several sequels in the works to the blockbuster films Pixar has created for the company. While analyst Jessica Reif Cohen of Merrill Lynch apparently regards that as a positive for Disney, she cautions that such sequels could have an "adverse impact" on Pixar, which called off contract extension talks with Disney in January, ending a partnership that resulted in such hits as "Toy Story," "Finding Nemo" and "Monsters, Inc."
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