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.
Toy Story 2
Pixar showed the completed film at CalArts on November 12, 1999, in recognition of the school's ties with Lasseter and more than 40 other alumni who worked on the film. The students were captivated. The film held its official premiere the next day at the El Capitan Theatre in Los Angeles—the same venue as "Toy Story"s—and was released across the United States on November 24, 1999. The film's initial theatrical and video releases include "Luxo Jr.", Pixar's first short film released in 1986, starring Pixar's titular mascot. Before "Luxo Jr.", a disclaimer appears reading: "In 1986 Pixar Animation Studios produced their first film. This is why we have a hopping lamp in our logo".