Animation studio splitting from Disney
Friday, Jan. 30, 2004 | 9:21 a.m.
LOS ANGELES -- Pixar Animation Studios, which produced last summer's hit film "Finding Nemo," said on Thursday that it was ending talks on continuing its 12-year partnership with the Walt Disney Co. and would seek another studio to distribute its films after 2006.
The announcement surprised both Hollywood and Wall Street because many people expected that Steve Jobs, the mercurial chief executive of Pixar, and Disney's chief executive, Michael D. Eisner, would resolve their personal and professional differences to continue what has been a lucrative partnership for both companies.
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