{"id":623,"date":"2005-04-04T16:37:00","date_gmt":"2005-04-04T16:37:00","guid":{"rendered":"http:\/\/pixarplanet.com\/blog\/pixar-signs-deal-with-weinsteins-new-company"},"modified":"2005-04-04T16:37:00","modified_gmt":"2005-04-04T16:37:00","slug":"pixar-signs-deal-with-weinsteins-new-company-2","status":"publish","type":"post","link":"https:\/\/pixarplanet.com\/blog\/pixar-signs-deal-with-weinsteins-new-company-2\/","title":{"rendered":"PIXAR SIGNS DEAL WITH WEINSTEINS&#039; NEW COMPANY"},"content":{"rendered":"\n<p><a href=\"http:\/\/datelinehollywood.com\/archives\/2005\/04\/04\/pixar-signs-deal-with-weinsteins-new-company\/\"><\/a><\/p>\n<p><span class=\"caps\">PIXAR<\/span> <span class=\"caps\">SIGNS<\/span> <span class=\"caps\">DEAL<\/span> <span class=\"caps\">WITH<\/span> WEINSTEINS\u2019 <span class=\"caps\">NEW<\/span> <span class=\"caps\">COMPANY<\/span><\/p>\n<p>\n\u201cUp yours, Eisner,\u201d Jobs says of poor business decision<\/p>\n<p>\nHollywood \u2014 In a move that <span class=\"caps\">CEO<\/span> Steve Jobs called \u201cdetrimental to our stock price but personally very pleasing,\u201d Pixar has signed a distribution deal with the new media company being started by former Miramax chairmen Bob and Harvey Weinstein. The decision to leave Disney for a brand new company caused Pixar stock to fall 74% and Jobs to lose $2.8 billion of personal wealth. \u201cIt was totally worth it just to see the look on Eisner\u2019s face,\u201d Jobs said.<\/p>\n<p>\nThe deal is the first the Weinsteins have made since reaching a deal to separate from the Walt Disney Company last week. It also resolves the question of which studio Pixar will pick to distribute its films after its deal with Disney ends next year.<\/p>\n<p>\n\u201cAs soon as I heard the Weinsteins were breaking up with Disney, I knew we had enough in common to forge a great relationship,\u201d Jobs recalled. \u201cWe both have a passion for pissing off Michael Eisner and all those pricks who work for him.\u201d<\/p>\n<p>\nTo make the partnership work, the Weinsteins will have to rapidly build up their company, including the ability to market family movies and establish a homevideo operation, where Pixar\u2019s animated films make most of their money.<\/p>\n<p>\n\u201cWe certainly anticipated that our first deals would be with filmmakers like Quentin Tarantino and Robert Rodriguez,\u201d Harvey Weinstein said of the partnership. \u201cBut either we make a lot of money, or we can\u2019t do it and get the pleasure of knowing our failure is infuriating every single Disney shareholder, especially Eisner and [new <span class=\"caps\">CEO<\/span> Robert] Iger.<\/p>\n<p>\n\u201cIt\u2019s really a win-win scenario,\u201d Weinstein added.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"tmnf_excerpt\"><p>PIXAR SIGNS DEAL WITH WEINSTEINS\u2019 NEW COMPANY \u201cUp yours, Eisner,\u201d Jobs says of poor business decision Hollywood \u2014 In a move that CEO Steve Jobs called \u201cdetrimental to our stock price but personally very pleasing,\u201d Pixar has signed a distribution deal with the new media company being started by former Miramax chairmen Bob and Harvey &hellip;<\/p>\n<\/div>","protected":false},"author":4,"featured_media":4020,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PIXAR SIGNS DEAL WITH WEINSTEINS&#039; 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