Disney Sequels: According to The Hollywood Reporter, In a private meeting this week with a leading Wall Street analyst, Walt Disney Co. CEO Michael Eisner confirmed earlier company statements that the studio has several sequels in the works to the blockbuster films Pixar has created for the company.
While analyst Jessica Reif Cohen of Merrill Lynch apparently regards that as a positive for Disney, she cautions that such sequels could have an "adverse impact" on Pixar, which called off contract extension talks with Disney in January.
"The unproven writing and graphics quality of Disney's work with computer-guided-image animation may have an unintentional 'contagion' impact since consumers may subconsciously associate these films as Pixar product," Reif Cohen said in a report issued Thursday.
"In addition, too many releases may fatigue CGI's scarcity value, which has created consumer intrigue for this 'event' animation format." Reif Cohen's comments mirror those made by Pixar CEO Steve Jobs in recent months.