Pixar
Pixar Animation Studios, commonly referred to as Pixar (), is an American computer animation film studio based in Emeryville, California, that is a subsidiary of Walt Disney Studios, owned by the Walt Disney Company. Pixar began in 1979 as the Graphics Group, part of the Lucasfilm computer division, before its spin-out as a corporation in 1986, with funding by Apple Inc. co-founder Steve Jobs, who became the majority shareholder. Disney purchased Pixar in 2006 at a valuation of $7.4 billion by converting each share of Pixar stock to 2.3 shares of Disney stock, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface, used to generate high-quality images.
Pixar Canada
The Vancouver animation establishment opened with much fanfare around Gastown in 2010, with an approval to produce short films based on esteemed Pixar characters. The Vancouver company worked on layout, sets and characters, animation, effects, lighting and rendering departments.
Walt Disney Studios closed its Vancouver-based Pixar Canada studio leaving nearly 100 Pixar employees without a job three years after opening. Viewers of the animation scene in Vancouver disregarded Pixar’s departure, suggesting the industry is robust enough in the province to easily absorb the displaced Pixar workers. When Pixar set in motion in British Columbia came the arrival of U.S. studios such as Digital Domain and Sony Pictures Imageworks, with Pixar touting Vancouver’s talent base, proximity and shared time zone with Los Angeles and a digital animation tax credit offered by the B.C. government. Provincial Jobs Minister Shirley Bond said that it is “disappointing” that Pixar is leaving the province, however, she saw the decision as tied to the company’s overall business strategy as opposed to the B.C. business climate.