4min chapter

Founders cover image

#19 Becoming Steve Jobs

Founders

CHAPTER

Steve Jobs Renegotiating With Disney

In 1997, Steve decided he wanted to safeguard Pixar's future by renegotiating their distribution contract with Disney. Toy Story had become the undisputed blockbuster of the 1995-1996 holiday season. With 130 million of IPO cash in hand, Pixar didn't need Disney to finance its films. If it could pay for its own productions, why should it earn a mere 12.5 percent of box office receipts?

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