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Pixar recieves inquiry from SEC
A report by the San Jose Mercury News says that Pixar Animtion Studios has received an "informal request for information" from the Securities and Exchange Commission. While Pixar has declined to comment on the nature of the inquiry, the Wall Street Journal reports it is regarding lower than expected sales of "The Incredibles" DVD which caused the company to not meet its earnings projections. Dreamworks Animation SKG has recieved a similar inquiry regarding sales of the "Shrek 2" DVD
Posted: Fri 8/26/2005 5:21p • permalink • Discuss It
Tags: The Incredibles Movies Disney Corporate
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