In honor of Pixar Fest that will debut Friday, here are some awesome Pixar facts! Pixar started February 3, 1986, its an American Computer Animation Film Studio based in Emeryville Ca. Steve Jobs purchased the computer division from George Lucas and establishes the group as an Independent Company. Disney then purchased Pixar in 2006 at a valuation of $7.4 billon at this time the company only had 40 employees.
Pixar and Disney began collaboration on CAP’s the computer Animation Production System, which revolutionize the creation of traditional animated films. The first check written to Pixar by a client after its incorporation from Disney for work on this project. Luxo Jr. was the first three dimensional computer animated film to be nominated for an Oscar receiving a nomination for best animated short film.
In 1991 Disney and Pixar announced an agreement “to make and distribute at least one computer generated animated movie” Pixar began work on the project that would become Toy Story. November 22, 1995 the worlds first computer animated film was released. It opened at #1 that weekend and will go on to become the highest grossing film of the year.