Alvy Ray Smith
Smith and Catmull co-founded Pixar in 1986 with financing from Steve Jobs. After the spinout from Lucasfilm of Pixar, he served on the board of directors and was executive vice president. According to the Steve Jobs biography "iCon" by Jeffrey S. Young and William L. Simon, Alvy Ray quit Pixar after a heated argument with Jobs over use of a whiteboard. It was an unwritten rule that none other than Jobs was allowed to use it, a rule Smith decided to break in front of everyone after Jobs went "total street bully" on him and they ended up screaming into each other's face "in full bull rage". Despite being the co-founder of Pixar, Young and Simon claim that the company has largely overlooked his part in company history since his departure. For example, there is no mention of Smith on the Pixar website.
Major film studio
Only one of the major studios changed corporate hands during the first decade of the 2000s, though it did so three times: Universal was acquired by Vivendi in 2000, then by General Electric four years later, and finally by Comcast in 2011. More developments took place among the majors' subsidiaries. The very successful animation production house Pixar, whose films were distributed by Buena Vista, was acquired by Disney in 2006. In 2008, New Line Cinema lost its independent status within Time Warner and became a subsidiary of Warner Bros. Time Warner also announced that it would be shutting down its two specialty units, Warner Independent and Picturehouse. In 2008 as well, Paramount Vantage's production, marketing, and distribution departments were folded into the parent studio, though it retained the brand for release purposes. Universal sold off its genre specialty division, Rogue Pictures, to Relativity Media in 2009. Disney closed down Miramax's operations in January 2010, and sold off the unit and its library that July to an investor group led by Ronald N. Tutor of the Tutor Perini construction firm and Tom Barrack of the Colony Capital private equity firm.