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

  • France fans with painted facesFrance v

    France Celebrates Soccer World Cup Triumph

    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 […]

  • France goalkeeper Hugo Lloris catches the

    France vs Croatia World Cup Live Stream: How to 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 […]

  • Who Is America Review

    TV Review: Sacha Baron Cohen's 'Who Is America?'

    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 […]

  • Lily Collins, Dominic West, David Oyelowo

    'Les Miserables’ First Look: Lily Collins, Dominic West in BBC, PBS Masterpiece Adaptation

    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 […]

  • Ricky Martin Versace American Crime Story

    Ricky Martin Signs With Maverick Management

    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 […]

  • Harry Kane of England celebrates scoring

    Belgium vs England World Cup Live Stream: How to 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 […]

  • The Crown Season 2

    Storming the Emmys: Netflix, Amazon and Hulu Edge Out Networks

    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