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Pixar Eyes Holidays as Ideal for DVD

18 Nov, 2004 By: Erik Gruenwedel

Continued strong worldwide home video and related product sales of Finding Nemo and Monsters, Inc. contributed $22.8 million and $12.1 million, respectively, to help Pixar Animation Studios post third quarter (ended Oct. 2) net income of $22.4 million on quarterly revenue of $44.5 million.

Unit sales of Monsters, Inc. topped 35 million (53 percent DVD) and Nemo sold 44.3 million units (75 percent DVD).

In an investor call, Pixar CEO Steve Jobs said the studio is contemplating changing release schedules of future theatrical releases to the summer and all home video releases in the holiday season.

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