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I mentioned in my CC Notes that Eisner said Pixar was under contract to supply 3 more movies plus 2 sequels. Pixar in turn issued a press release clarifying the agreement.

<snip>Pixar said it has the right of first refusal to make sequels of its films, but "has no obligation to do so." adding that "Pixar enjoys a very successful relationship with Disney and we look forward to completing the remaining three pictures of our current deal."</snip>

http://online.wsj.com/article/0,4286,ON_CO_20020201_000002,00.html?mod=COMPANY (subscription required)

Jim
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