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Technology Stocks : Pixar Animation

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To: Doug Smith who wrote (2220)3/9/1999 10:02:00 AM
From: Linda Kaplan  Read Replies (1) of 3261
 
Sorry. I've been busy and preoccupied. Just catching up on the thread. I saw the news today about the $150 million being hit in international sales and $310 million worldwide. Too bad the market is so bad right now. Almost all my stocks are down today and Pixar isn't bucking the market. It should on such good news!

Headline: A Bug's Life Crosses $150 Million Box Office Overseas

======================================================================
POINT RICHMOND, Calif., March 9 /PRNewswire/ -- "A Bug's Life" overseas
box office passed $150 million this weekend, bringing the film's worldwide
cume to more than $310 million. Released in 26 countries, "A Bug's Life" has
set box office records in the United Kingdom, Germany, Taiwan and Australia.
"'A Bug's Life' has charmed people around the world with its universal
appeal and some of the most creative characters ever designed in animation,"
Mark Zoradi, President of Buena Vista International, said. "We have not seen
such strength of play from an animated movie since 'The Lion King.'"
"We are thrilled that 'A Bug's Life,' our studio's second feature animated
film, is doing so well internationally," said Pixar CEO Steve Jobs. "Disney's
marketing efforts have been superb."
In the United Kingdom, "A Bug's Life" set a new record for the highest
animated opening, and the eighth largest opening ever. After five weeks as the
number one film, it has grossed over $40 million. Box office records continue
to be set in Germany ($15 million), Italy ($5.5 million), Spain
($10.2 million), Sweden ($3.5 million), and Taiwan ($3), respectively.
Pixar Animation Studios (NASDAQ:PIXR) combines creative and technical
artistry to create original characters and stories in the new medium of
computer animation. Pixar created and produced the first computer-animated
feature film, the Academy Award winning "Toy Story," and in 1997 entered into
an equal partnership with The Walt Disney Company to finance, produce, and
distribute five computer-animated feature films and related products. Pixar's
stock is traded on the Nasdaq National Market under the symbol PIXR.

SOURCE Pixar Animation Studios
-0- 03/09/99
/CONTACT: Bryn Richardson, Investor Relations Manager, 510-620-3577, or
Katherine Singson, Director of Marketing, 510-620-6276, both of Pixar
Animation Studios; or David Libby of Niehaus Ryan Wong, Inc., 650-827-7084,
for Pixar Animation Studios/
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