×
You will be redirected back to your article in seconds

Pixar draws profit picture

Though revs fell, film generated $14.7 mil

HOLLYWOOD — Pixar Animation Studios reported a 10% boost in second-quarter profits as the company behind the “Toy Story” pics begins promoting its fourth computer-animated feature, “Monsters, Inc.” which bows Nov. 2.

Based in Emeryville, Calif., Pixar posted profits of $8.8 million for the three-month period ended June 30. The boost came even though overall revenues fell to $16.7 million, down from $18.3 million during the previous year.

Company, whose films are distribbed by Disney, said it generated $14.7 million from film revenues during the quarter, which included the U.S. television licensing of “A Bug’s Life” to ABC. Pixar said this marked the first time a Pixar animated film was sold to network television for multiple viewings during an extended licensing period.

Pixar CEO Steve Jobs called the ABC deal “an important new revenue stream (that) enhances the evergreen value of our film library.”

Shares of Pixar closed down 6¢ to $40.30.

More TV

  • 'Saturday Night Live' Stages Mini 'Office'

    'Saturday Night Live' Stages Mini 'Office' Reunion (Watch)

    HOLLYWOOD — Pixar Animation Studios reported a 10% boost in second-quarter profits as the company behind the “Toy Story” pics begins promoting its fourth computer-animated feature, “Monsters, Inc.” which bows Nov. 2. Based in Emeryville, Calif., Pixar posted profits of $8.8 million for the three-month period ended June 30. The boost came even though overall […]

  • 'Saturday Night Live' Takes on Voter

    ‘Saturday Night Live’ Takes Shots at Voter Fraud, Facebook and Nancy Pelosi (Watch)

    HOLLYWOOD — Pixar Animation Studios reported a 10% boost in second-quarter profits as the company behind the “Toy Story” pics begins promoting its fourth computer-animated feature, “Monsters, Inc.” which bows Nov. 2. Based in Emeryville, Calif., Pixar posted profits of $8.8 million for the three-month period ended June 30. The boost came even though overall […]

  • 'Big Mouth' Renewed for Season 3

    'Big Mouth' Renewed for Season 3 at Netflix

    HOLLYWOOD — Pixar Animation Studios reported a 10% boost in second-quarter profits as the company behind the “Toy Story” pics begins promoting its fourth computer-animated feature, “Monsters, Inc.” which bows Nov. 2. Based in Emeryville, Calif., Pixar posted profits of $8.8 million for the three-month period ended June 30. The boost came even though overall […]

  • Channing DungeyWomen In Film Crystal and

    How ABC Pulled Off a Stealth Transition for Channing Dungey and Karey Burke

    HOLLYWOOD — Pixar Animation Studios reported a 10% boost in second-quarter profits as the company behind the “Toy Story” pics begins promoting its fourth computer-animated feature, “Monsters, Inc.” which bows Nov. 2. Based in Emeryville, Calif., Pixar posted profits of $8.8 million for the three-month period ended June 30. The boost came even though overall […]

  • Diego Luna Inclusion

    6 Takeaways From Variety’s 2018 Inclusion Summit

    HOLLYWOOD — Pixar Animation Studios reported a 10% boost in second-quarter profits as the company behind the “Toy Story” pics begins promoting its fourth computer-animated feature, “Monsters, Inc.” which bows Nov. 2. Based in Emeryville, Calif., Pixar posted profits of $8.8 million for the three-month period ended June 30. The boost came even though overall […]

  • Frankie Shaw as Bridgette Bird and

    TV News Roundup: 'SMILF' Season 2 Premiere Date Set at Showtime

    HOLLYWOOD — Pixar Animation Studios reported a 10% boost in second-quarter profits as the company behind the “Toy Story” pics begins promoting its fourth computer-animated feature, “Monsters, Inc.” which bows Nov. 2. Based in Emeryville, Calif., Pixar posted profits of $8.8 million for the three-month period ended June 30. The boost came even though overall […]

  • "The Consummation Deviation" - Pictured: Rajesh

    Live+3 Ratings for Week of Nov. 5: 'Big Bang Theory' Ticks Up

    HOLLYWOOD — Pixar Animation Studios reported a 10% boost in second-quarter profits as the company behind the “Toy Story” pics begins promoting its fourth computer-animated feature, “Monsters, Inc.” which bows Nov. 2. Based in Emeryville, Calif., Pixar posted profits of $8.8 million for the three-month period ended June 30. The boost came even though overall […]

More From Our Brands

Access exclusive content