List of animation studios owned by The Walt Disney Company
Pixar () is an American computer animation film studio based in Emeryville, California. The studio is best known for its CGI-animated feature films created with PhotoRealistic RenderMan, its own implementation of the industry-standard RenderMan image-rendering application programming interface used to generate high-quality images. Pixar began in 1979 as the Graphics Group, part of the computer division of Lucasfilm before its spin-out as a corporation in 1986 with funding by Apple Inc. co-founder Steve Jobs, who became its majority shareholder. Pixar and Disney had a seven feature agreement that allowed Disney to distribute the films with Disney owing the character rights. With the success of "Toy Story 2" in 1999, then-Disney CEO Michael Eisner and Pixar CEO Steve Jobs began to disagree on how Pixar should be run and the terms of their continued relationship. Eisner claimed that Toy Story 2 would not count towards the "original" film count of the agreement. Jobs announced in January 2004 that Pixar would not renew their agreement with Disney and would seek out other distributors for releases starting in 2006. In 2004, Disney Circle 7 Animation was formed as a CG animation studio to create sequels to the Disney-owned Pixar properties. In Late January 2006, new Disney CEO Bob Iger and Jobs agreed to have Disney purchase Pixar which led to Disney closing Circle 7.
Brenda Chapman
Chapman moved to Pixar in 2003, where she had a brief stint on "Cars" before beginning development on and directing "Brave". Chapman conceived the project and was announced as the director of the film, making her Pixar's first female director. In October 2010, however, she was replaced by Mark Andrews following creative disagreements. There were rumors that she subsequently left Pixar, but she remained on staff until shortly after the release of "Brave", and started work as a consultant at Lucasfilm at the end of July 2012, where she helped solve story problems of "Strange Magic". When asked whether she will return to Pixar, Chapman responded: "That door is closed. I made the right decision to leave and firmly closed that door. I have no desire to go back there. The atmosphere and the leadership doesn't fit well with me." She has stated a sequel to "Brave" is inevitable.