
Pixar is a wholly-owned subsidiary of The Walt Disney Company (NYSE: DIS), acquired in 2006 for approximately $7.4 billion. Pixar was founded in 1986 by Edwin Catmull, Alvy Ray Smith, and Steve Jobs, who purchased the division from Lucasfilm. Pixar is headquartered in Emeryville, California, and has produced 28 feature films, beginning with Toy Story in 1995. Inside Out 2, released in 2024, became the highest-grossing animated film of all time with over $1.7 billion in global box office revenue.
Parent Company
Acquired
2006
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Pixar | The Walt Disney Company | Wholly owned |
Pixar's origins trace back to the Computer Division of Lucasfilm, where Edwin Catmull and Alvy Ray Smith led research in computer graphics technology. In 1986, Steve Jobs purchased the division from Lucasfilm for $5 million plus $5 million in capital, establishing it as an independent company called Pixar Animation Studios. Jobs served as Pixar's chairman and majority shareholder until Disney acquired the company in 2006.
Through the late 1980s and early 1990s, Pixar developed computer animation technology, including the RenderMan rendering software, and produced short films including "Luxo Jr." (1986) and "Tin Toy" (1988), the latter winning the Academy Award for Best Animated Short Film. Pixar also produced computer-generated imagery for commercials and medical imaging, generating revenue while developing its animation capabilities.
In 1991, Pixar signed a three-picture deal with The Walt Disney Company to produce feature-length computer-animated films. The first film under this deal was Toy Story, released on November 22, 1995. Toy Story was the first feature-length film created entirely with computer animation. The film grossed over $373 million worldwide and received three Academy Award nominations. Its success established Pixar as a leader in computer animation and led to a new partnership agreement between Pixar and Disney.
Following Toy Story, Pixar released A Bug's Life (1998), Toy Story 2 (1999), Monsters, Inc. (2001), Finding Nemo (2003), and The Incredibles (2004). Each film was a critical and commercial success. Finding Nemo grossed over $940 million worldwide and won the Academy Award for Best Animated Feature. The Incredibles also won the Academy Award for Best Animated Feature.
In 2006, The Walt Disney Company acquired Pixar for approximately $7.4 billion. The acquisition was driven by Disney CEO Bob Iger, who recognized that Pixar's creative output was central to the future of Disney's animation business. The deal made Steve Jobs Disney's largest individual shareholder, with approximately 7% of Disney's stock.
Under Disney ownership, Pixar continued to produce successful films including Ratatouille (2007), WALL-E (2008), Up (2009), Toy Story 3 (2010), Brave (2012), Inside Out (2015), Finding Dory (2016), Coco (2017), Incredibles 2 (2018), Toy Story 4 (2019), Soul (2020), Luca (2021), Turning Red (2022), Lightyear (2022), Elemental (2023), and Inside Out 2 (2024).
Inside Out 2, released in June 2024, became the highest-grossing animated film of all time, earning over $1.7 billion in global box office revenue. The film surpassed the previous record held by Disney's The Lion King (2019). Inside Out 2 was nominated for Best Animated Feature at the 97th Academy Awards in 2025.
Pixar's 28th feature film, Elio, was released in June 2025.
What does Disney own?
Disney owns a portfolio of approximately 20 major consumer-facing brands across media, entertainment, and experiences. Key holdings include Disney+, Hulu, ESPN, ABC, Pixar, Marvel Studios, Lucasfilm (Star Wars), 20th Century Studios, National Geographic, FX, and the Disney Parks and Cruise Line businesses. The company also holds a 70% stake in the combined Fubo and Hulu + Live TV virtual MVPD entity. Disney acquired many of these brands through major transactions, including Pixar ($7.4 billion in 2006), Marvel ($4 billion in 2009), Lucasfilm ($4.05 billion in 2012), and 21st Century Fox ($71.3 billion in 2019).
Is Disney publicly traded?
Yes. The Walt Disney Company trades on the New York Stock Exchange under the ticker symbol DIS. The company has a single class of common stock with equal voting rights for all shares. Disney is a component of the Dow Jones Industrial Average and is widely held by institutional investors including Vanguard Group, BlackRock, and State Street Corporation. The company has paid dividends consistently, with a fiscal 2025 dividend of $1.50 per share and significant share repurchase programs.
Who founded Disney?
The Walt Disney Company was founded on October 16, 1923, by Walt Disney and his brother Roy O. Disney in Los Angeles, California. Walt Disney was the creative force behind the company, directing animation innovation and conceiving the theme park concept. Roy O. Disney was the financial strategist who managed the company's business operations. Walt Disney died in 1966, and Roy O. Disney died in 1971 after completing Walt Disney World in Florida.
Where is Disney headquartered?
Disney is headquartered in Burbank, California, USA. The company's corporate campus, the Walt Disney Studios, has been located in Burbank since 1940. The campus includes the studio lot, corporate offices, and production facilities. Disney also maintains significant operations in New York City (ABC and ESPN), Bristol, Connecticut (ESPN headquarters), Anaheim, California (Disneyland), and Lake Buena Vista, Florida (Walt Disney World).
How many brands does Disney own?
Disney owns approximately 20 major consumer-facing brands across its three operating segments. These include Disney, Disney+, Hulu, ESPN, ABC, Pixar, Marvel, Lucasfilm, 20th Century Studios, Searchlight Pictures, National Geographic, FX, Disney Channel, Disney Parks, Disney Cruise Line, Disney Store, and others. The company also holds a 70% stake in the combined Fubo and Hulu + Live TV entity. The total count depends on how individual cable channels and sub-brands are categorized.
Who owns Disney?
Disney is a publicly traded corporation owned by its shareholders. The largest institutional shareholders are Vanguard Group, BlackRock, and State Street Corporation, each holding significant but non-controlling stakes. No single shareholder or group exercises controlling influence. The board of directors, chaired by Mark Gorman, oversees corporate governance. CEO Josh D'Amaro was appointed by the board effective March 18, 2026, and also serves as a director. There is no founding family control or dual-class share structure.
What is Disney's revenue?
Disney reported fiscal year 2025 revenue of $94.4 billion (fiscal year ended September 27, 2025), up 3% from $91.4 billion in fiscal 2024. Total segment operating income was $17.6 billion, up 12%. Diluted EPS was $6.85, and adjusted EPS was $5.93, up 19%. In Q3 fiscal 2026, Disney reported revenue of $25.2 billion, up 7%, with net income of $2.63 billion. The company targets double-digit adjusted EPS growth in both fiscal 2026 and fiscal 2027.
Has Disney made major acquisitions recently?
Disney's most recent major acquisition was the $71.3 billion purchase of 21st Century Fox, completed in March 2019. In 2024, Disney acquired Comcast's 33% stake in Hulu for approximately $5.8 billion. In 2025, Disney combined its Hulu + Live TV business with Fubo, taking a 70% stake in the combined entity. No new major acquisitions have been announced under CEO Josh D'Amaro as of July 2026, though the company continues to invest in content and theme park expansion.
Pixar operates within The Walt Disney Company's sustainability framework, which includes commitments to environmental responsibility, ethical business practices, and social impact.
Disney has committed to achieving zero-carbon electricity by 2030 and net zero emissions for direct operations by 2030. Pixar contributes to these targets through energy-efficient rendering systems, optimized computing infrastructure, and sustainable digital workflows at its Emeryville headquarters. Pixar's rendering operations utilize significant computing power, and the studio has implemented energy management systems to reduce the environmental impact of rendering processes.
Disney has set a target to reduce absolute emissions from direct operations (Scope 1 and 2) by 46.2% by 2030 against a 2019 baseline. These targets are validated by the Science Based Targets initiative. Pixar's facilities participate in Disney's broader carbon reduction initiatives.
Pixar has implemented waste reduction programs in its studio operations, including the elimination of single-use plastics and comprehensive recycling and composting programs. The studio's sustainable procurement practices prioritize environmentally responsible materials and suppliers.
Several Pixar films have incorporated environmental themes. WALL-E (2008) depicted a future Earth overwhelmed by waste and consumerism. Finding Nemo (2003) raised awareness about marine ecosystems and ocean conservation. These films contribute to broader environmental education among global audiences.
Pixar has faced scrutiny regarding workplace culture and representation. In 2018, John Lasseter departed Pixar and Disney following allegations of workplace misconduct. The studio has since implemented policies to address workplace culture issues. Pixar has also worked to improve diversity in its creative teams and animated content, with films like Coco (2017), which was developed with extensive consultation with Mexican cultural advisors, and Turning Red (2022), directed by Domee Shi, the first woman to solely direct a Pixar feature. However, some critics have noted that Pixar's leadership has historically lacked diversity.
Pixar has received exceptional recognition for its contributions to computer animation, storytelling, and technical innovation.
Academy Awards: Pixar films have won the Academy Award for Best Animated Feature 11 times: Finding Nemo (2003), The Incredibles (2004), Ratatouille (2007), WALL-E (2008), Up (2009), Toy Story 3 (2010), Brave (2012), Inside Out (2015), Coco (2017), Soul (2020), and Elemental (2023). Inside Out 2 was nominated for Best Animated Feature at the 97th Academy Awards in 2025.
Up (2009) and Toy Story 3 (2010) also received nominations for Best Picture, making them among the few animated films to receive that recognition.
Technical Achievement Awards: Pixar's RenderMan rendering software has been recognized with multiple Academy Awards for Technical Achievement. The studio's innovations in computer animation technology have been acknowledged by industry organizations worldwide. In 2019, Ed Catmull received the ACM A.M. Turing Award, often called the "Nobel Prize of computing," for his contributions to 3D computer graphics.
Box Office Records: Inside Out 2 (2024) became the highest-grossing animated film of all time with over $1.7 billion in global box office revenue. Incredibles 2 (2018) had the highest opening weekend for an animated film, earning $182.7 million in its domestic opening.
Other Awards: Pixar films have received numerous Annie Awards, BAFTA Awards, Golden Globe Awards, and recognition from film festivals worldwide. The studio's consistent excellence in storytelling, character development, and emotional resonance has been acknowledged by critics and audiences globally.
John Lasseter Workplace Misconduct (2018): Pixar co-founder and chief creative officer John Lasseter departed Pixar and Disney in 2018 following allegations of workplace misconduct. Lasseter had been one of the most powerful figures in animation, directing Toy Story, A Bug's Life, Toy Story 2, and Cars. His departure led to a leadership restructuring, with Pete Docter named as Pixar's chief creative officer. The controversy raised broader questions about workplace culture in the animation industry.
Streaming Release Strategy (2020-2022): Disney released Soul, Luca, and Turning Red directly to Disney+ without theatrical releases during and after the COVID-19 pandemic. This strategy drew criticism from animators and industry observers who argued that bypassing theaters diminished the perceived value of Pixar films and undermined the theatrical animation market. The direct-to-streaming releases also affected Pixar's revenue model, as theatrical box office generates significantly more per-view revenue than streaming.
Representation and Diversity Discussions: Pixar has faced scrutiny regarding representation and diversity in its storytelling and workforce. The studio has made efforts to address these concerns through films like Coco (2017), which was developed with extensive consultation with Mexican cultural advisors, and Turning Red (2022), directed by Domee Shi, the first woman to solely direct a Pixar feature. However, some critics have noted that Pixar's leadership has historically lacked diversity.
Creative Independence and Corporate Integration: Following Disney's acquisition of Pixar in 2006, the studio has navigated the balance between maintaining its creative culture and integrating with Disney's corporate structure. The relationship has generally been successful, with Pixar maintaining its Emeryville campus and creative process, but tensions have occasionally emerged regarding sequel production and franchise management.
Lightyear Box Office Underperformance (2022): Lightyear, a spin-off from the Toy Story franchise, underperformed at the box office, grossing approximately $226 million worldwide against a production budget of approximately $200 million. The film's performance raised questions about Pixar's ability to launch new franchises and the impact of the streaming release strategy on audience expectations for Pixar films.
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| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Disney | USA | 1923 | Mass market | Global | All-ages | |
| Disney | USA | 1971 | Mass market | Global | All Genders | |
| Walt Disney Company | USA | 2007 | Mass market | Global | All Genders | |
| Disney | USA | 1939 | Mass market | Global | All-ages |
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American entertainment company and core brand of The Walt Disney Company, known for animated films, live-action entertainment, and theme parks.
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Market Positioning: Pixar competes with 4 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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