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
The studio has earned 19 Academy Awards, 8 Golden Globe Awards, and 11 Grammy Awards, among many other awards and acknowledgments. Many of Pixar's films have been nominated for the Academy Award for Best Animated Feature since its inauguration in 2001, with nine winning; this includes "Finding Nemo" (2003) and "Toy Story 3" (2010), along with "The Incredibles" (2004), "Ratatouille" (2007), "WALL-E" (2008), "Up" (2009), "Brave" (2012), "Inside Out" (2015), and "Coco" (2017). "Monsters, Inc." (2001) and "Cars" (2006) are the only two films that were nominated for the award without winning it, while "Cars 2" (2011), "Monsters University" (2013), "The Good Dinosaur" (2015), "Finding Dory" (2016), and "Cars 3" (2017), were not nominated. "Up" and "Toy Story 3" were also the respective second and third animated films to be nominated for the Academy Award for Best Picture, the first being Walt Disney Animation Studios' "Beauty and the Beast" (1991). Luxo Jr., a character from the studio's 1986 short film of the same name, is the studio's mascot.