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Joe Roth
Joins Pixar Board Of Directors
RICHMOND, Calif., - May 4,
2000 -- Pixar Animation Studios (NASDAQ: PIXR) today announced that Joe
Roth, former chairman of The Walt Disney Studios, will be joining the
company's Board of Directors, bringing the number of directors to eight.
Mr. Roth ran The Walt Disney Studios from August 1994 to January 2000,
during which time Disney become the top grossing movie studio in the world,
and the only studio to achieve box office grosses of more than $1 billion
annually for the last five years. Mr. Roth has recently formed an independent
entertainment company.
"We are thrilled that Joe
will be bringing his incredible talent and entertainment experience to
our Board," said Steve Jobs, Pixar CEO. "Joe has contributed to each of
our three blockbuster films to date, and we look forward to his wisdom
and guidance as we move forward as a major feature animation studio."
"Pixar is creating some of
the best family entertainment ever," said Joe Roth. "I am delighted to
continue my relationship with Steve, John Lasseter and the entire Pixar
team to help build Pixar into a major force in the entertainment industry."
Roth was chairman of 20th
Century Fox from 1989-1992, when the studio released such successful movies
as Home Alone, My Cousin Vinny, Mrs. Doubtfire, White Men Can't Jump and
Edward Scissorhands. A New York City native, Roth is a 1970 graduate of
Boston University.
About Pixar Animation
Studios
Pixar Animation Studios (Nasdaq: PIXR) combines creative and technical
artistry to create original characters and stories in the medium of computer
animation. Pixar created and produced the first computer-animated feature
film, the Academy Award winning Toy Story, released in 1995. Pixar has
since released two more animated features: A Bug's Life, the highest grossing
animated film released in 1998; and Toy Story 2, the highest grossing
animated film released in 1999. The studio is currently in production
on its fourth animated feature, Monsters, Inc., scheduled for release
in November 2001.
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