Pixar

Pixar Animation Studios () is an American computer animation studio based in Emeryville, California, a subsidiary of Walt Disney Studios. Pixar began in 1979 as part of the Lucasfilm computer division, known as the Graphics Group, before its spin-off as a corporation on February 3, 1986, with funding from Apple co-founder Steve Jobs, who became its 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 its feature films technologically powered by RenderMan, the company's own implementation of the industry-standard RenderMan Interface Specification image-rendering application programming interface. Luxo Jr., a character from the studio's 1986 short film of the same name, is the studio's mascot.

Pixar has produced 22 feature films, beginning with Toy Story , which was the first ever computer-animated feature film; its most recent film was Onward . All of the studio's films have debuted with CinemaScore ratings of at least an "A−," which indicates a positive reception with audiences. The studio has also produced dozens of short films. As of July 2019, its feature films have earned approximately $14 billion at the worldwide box office, with an average worldwide gross of $680 million per film. Toy Story 3 , Finding Dory , Incredibles 2 , and Toy Story 4 are all among the 50 highest-grossing films of all time, with Incredibles 2 being the third highest-grossing animated film of all time, with a gross of $1.2 billion; the other three also grossed over $1 billion. Moreover, 15 of Pixar's films are in the 50 highest-grossing animated films of all time.

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