Pixar, Disney integration "terrific": Disney exec
Wed Apr 12, 2006 7:41 AM ET
By Gina Keating
Full Story at http://today.reuters.com/business/ne...EY-IGER-DC.XMLLOS ANGELES (Reuters) - The integration of Pixar Animation Studios Inc (PIXR.O: Quote, Profile, Research) into Walt Disney Co. (DIS.N: Quote, Profile, Research) "is happening better than we had ever dreamed it would," Disney Studios Chairman Dick Cook said.
Disney, which is in the process of acquiring Pixar in an all-stock deal worth $7.4 billion when it was announced in January, plans to make two animated films per year after the merger is completed late this month or in May, Cook told an A.G. Edwards conference on Tuesday.
"That's where we would like to be," Cook said. "Some years we won't make that (number); some years we'll probably have one; some years we may have three; but we will hopefully ... have two new original (films) -- one coming from Pixar and one coming from Feature Animation."