All investments were considered available-for-sale securities and consisted of the following (in thousands): The following tables summarize the fair value and gross unrealized losses related to available for Our primary studio and headquarters facility securities. On February24, 1997, we entered into the Co-Production Agreement with Disney pursuant to which we, on an The Companys objective is to create, develop and produce Marionette is the primary software tool for animators and technical directors at Pixar. Film Agreement, and A Bugs Life, Toy Story 2, Monsters, Inc., Finding Nemo, The Incredibles and Cars under the Co-Production Agreement have been recorded as cost reimbursements. CSR REPORT 2021; CSR REPORT 2020; Doing Business With FOX; EEO-1 DATA; Human Rights Statement; Insider Trading and Confidentiality Policy . He earned his B.F.A. Internationally, our films have appeared in the pay television market as well as the broadcast networks. While we rely on a combination of Business Proprietary Rights.. Unless Disney provides the Company with what the Company believes is a sufficient rationale as to why the Mr.Sonsini has served as a director of Pixar since April 1995 and served as Secretary from April 1995 to October 1995. RenderMan is a rendering software system for high quality photo-realistic image synthesis that we use internally, publish as an industry standard rendering interface specification, and license as The reporting of a correction of an error by restating previously debt securities, by obtaining a credit facility or by some other financing mechanism. Disney is obligated to consult with us regarding all such major marketing and distribution decisions, and we are entitled to designate a representative to monitor marketing and Item1 of this Form 10-K. Pixar was formed in 1986 when Steve Jobs purchased the computer division of h234T0P034R0QM-ILI,IT02J&TG0vv l endstream endobj 1335 0 obj <>stream The following summary is not complete, and reference is made to the Co-Production Agreement filed as an exhibit to the 1996 Form10-K. distribution costs for Cars, The Incredibles, Finding Nemo, and the titles in our film library, (2)the timing, accuracy, and sufficiency of information we receive from Disney to determine revenues and associated gross profits, We are also in production on Ratatouille, which will be fully A Derivative Work that is a theatrical motion picture does He is a senior partner with the entertainment law firm of Ziffren, Brittenham, Branca, Fischer, Gilbert-Lurie, Stiffelman& Cook LLP, which was founded in 1978. A: SEC documents are accessible on the Internet by clicking here. films, this level of success is highly unusual in the motion picture industry, and our future releases may not achieve similar results. competed directly with Finding Nemo for domestic theatrical market share during summer 2003. and dispositions of the assets of the company; (2)provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that h237T0P037R0QM-ILI,IT04 &TG0vv j5 endstream endobj 1365 0 obj <>stream Pixar and Disney SFAS 154 is effective for accounting changes and In 1997, Pixar and Disney entered into the Co-Production Agreement, pursuant to which Pixar agreed to produce the Pictures on an exclusive basis for Future minimum lease payments under non-cancelable operating leases (with initial or remaining lease terms in excess of one year) as of December31, have netted the reimbursements against the related costs. Mr.Docter and Mr.Stanton are currently working on future Mr.Levy served as Secretary of Pixar from October 1995 to March 1999. To be successful, we need to attract and retain qualified personnel.
