Disney/Pixar’s Monster Day One Sales!

Disney/Pixar’s Monsters, Inc. – 5 Million Units Sold First Day

BURBANK, Calif., September 18, 2002 – On its first day of availability, Disney/Pixar’s Monsters, Inc. sold 5 million units on DVD and video in North America. It was announced today by Steve Jobs, Chairman and Chief Executive Officer of Pixar Animation Studios (Nasdaq: PIXR), and Michael Eisner, Chief Executive Officer of The Walt Disney Company.  The 5 million units sold now has Monsters, Inc. topping the previous record of first day sales held by Disney’s The Lion King at 4.5 million units.  Based on this first day sales figure alone, Monsters, Inc. is anticipated to be one of the best-selling DVDs and videos of the year.

Commenting on this exciting achievement, Jobs said, “We're thrilled!  Pixar and Disney, pulled out all of the stops on this one - with the new animated short Mike’s New Car, the unique Human and Monster worlds on the DVD, and the stunning image quality that results from being completely digital from computer to DVD.”

Eisner commented, “This tremendous response validates the innovative blend of creativity and technology that went into making the greatest DVD possible from a critically acclaimed film. There is something for everyone on this DVD, making it a must-have for anyone's library.”

President of Buena Vista Home Entertainment, Bob Chapek added, “We couldn’t be happier that the public has embraced the Monsters, Inc. DVD and video in this tremendous way.  The DVD is truly a breakthrough product for the industry that pushed the technology to a whole new level.”  Commenting on the first day sales record, Chapek added, “We are thrilled with the day one results, but we have no expectations to necessarily beat The Lion King in terms of ultimate sales.  However, with the tremendous support by both retail and consumers this new day one record reinforces the love that consumers have held for this magnificent film.”

Nominated for four Academy Awards^®*‚ including “Best Animated Feature Film,” Monsters, Inc. has become the second highest-grossing animated film in box-office history.  The 2-disc DVD and VHS features an all-new animated short film “Mike’s New Car” created exclusively for this Monsters, Inc. release (with the voices of John Goodman and Billy Crystal); the uproarious, Academy Award^®‚-winning Pixar short film For the Birds (Best Animated Short Film, 2001); hysterical outtakes including a hilarious “Company Play” musical performance by the Monsters, Inc. characters; an exclusive look at the exciting upcoming feature film Finding Nemo, a Walt Disney Pictures presentation of a Pixar Animation Studios film, and much, much more.  Presented with pristine digital picture and sound, a stellar cast and eye-popping computer-animation magic, Monsters, Inc. is available on 2-disc DVD for $29.99 (S.R.P.) and on VHS for $24.99 (S.R.P).

Walt Disney Home Entertainment is distributed by Buena Vista Home Entertainment, Inc., a recognized industry leader.  A subsidiary of the Walt Disney Company, Buena Vista Home Entertainment Inc. is the marketing, sales and distribution company for all Walt Disney, Touchstone,  Miramax, Dimension and Buena Vista DVDs and videocassettes.

 Pixar Animation Studios (Nasdaq: PIXR, http://www.pixar.com) combines creative and technical artistry to create original stories in the medium of computer animation.  In partnership with Disney, Pixar has created four of the most successful and beloved animated films of all time: Academy Award‚ winning Toy Story (1995); A Bug’s Life (1998); Golden Globe-winner Toy Story 2 (1999); and the Academy Award^®‚-winning Monsters, Inc. (2001).  Pixar’s four films have earned more than $1.7 billion at the worldwide box office to date.  The Northern California studios’ next three film releases are Finding Nemo (summer 2003), The Incredibles (holiday 2004) and Cars (holiday 2005).

 * Monsters, Inc. Academy Awards^® and Nominations:

Winner:

Best Original Song (Randy Newman,“If I Didn't Have You”)

Nominee:

Best Animated Feature Film, 2001

Best Original Score (Randy Newman),2001

Best Sound Editing, 2001.

“For The Birds”: Academy Award‚ Winner, Best Animated Short Film, 2001