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On January 6, 2020, as part of a reorganization of Walt Disney Studios, Pixar was merged with Fox Animation subsidiary Blue Sky Studios to form Blue Pixar Animation.Ī Pixar Computer at the Computer History Museum with the 1986–95 logo on it. The award was given to Lucasfilm's founder George Lucas. On September 6, 2009, Pixar executives John Lasseter, Brad Bird, Pete Docter, Andrew Stanton, and Lee Unkrich were presented with the Golden Lion award for Lifetime Achievement by the Venice Film Festival. Luxo Jr., a character from the studio's 1986 short film of the same name, is the studio's mascot. Up and Toy Story 3 were also the respective second and third animated films to be nominated for the Academy Award for Best Picture, the first being Walt Disney Animation Studios' Beauty and the Beast (1991). (2001), Cars (2006), and Incredibles 2 (2018) are the only three films that were nominated for the award without winning it, while Cars 2 (2011), Monsters University (2013), The Good Dinosaur (2015), Finding Dory (2016), and Cars 3 (2017) were not nominated. Many of Pixar's films have been nominated for the Academy Award for Best Animated Feature since its inauguration in 2001, with nine winning this includes Finding Nemo and Toy Story 3, along with The Incredibles (2004), Ratatouille (2007), WALL-E (2008), Up (2009), Brave (2012), Inside Out (2015), and Coco (2017). The studio has earned 19 Academy Awards, 8 Golden Globe Awards, and 11 Grammy Awards, among many other awards and acknowledgments. Fifteen of Pixar's films are also among the 50 highest-grossing animated films of all time. Finding Nemo (2003), along with its sequel Finding Dory (2016), as well as Toy Story 3 (2010) and Incredibles 2 (2018) are among the 50 highest-grossing films of all time, with the latter being the second-highest-grossing animated film of all time with a gross of $1.2 billion. As of August 2018, its feature films have earned approximately $13 billion at the worldwide box office, with an average worldwide gross of $659.7 million per film. All of the studio's films have debuted with CinemaScore ratings of at least an "A−," indicating positive receptions with audiences. The studio has also produced dozens of short films. Pixar has produced 20 feature films, beginning with Toy Story (1995), which was the first-ever computer-animated feature film its most recent film was Incredibles 2 (2018). Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image- rendering application programming interface, used to generate high-quality images. Disney purchased Pixar in 2006 at a valuation of $7.4 billion by converting each share of Pixar stock to 2.3 shares of Disney stock, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time.
co-founder Steve Jobs, who became the majority shareholder. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. Pixar Animation Studios, trading as Pixar, was an American computer animation film studio based in Emeryville, California, that is a subsidiary of Walt Disney Studios, owned by The Walt Disney Company.