Walt Disney’s Pixar Animation Eliminates 75 Positions

(L-R) Actors Mamoudou Athie, Leah Lewis, Pixar CCO Pete Docter, producer Denise Ream, director Peter Sohn, actors Vincent Lacoste, Adele Exarchopoulos, and a guest attend the photocall for Pixar's “Elemental” during the 76th annual Cannes Film Festival, in Cannes, France, 26 May 2023. (EPA)
(L-R) Actors Mamoudou Athie, Leah Lewis, Pixar CCO Pete Docter, producer Denise Ream, director Peter Sohn, actors Vincent Lacoste, Adele Exarchopoulos, and a guest attend the photocall for Pixar's “Elemental” during the 76th annual Cannes Film Festival, in Cannes, France, 26 May 2023. (EPA)
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Walt Disney’s Pixar Animation Eliminates 75 Positions

(L-R) Actors Mamoudou Athie, Leah Lewis, Pixar CCO Pete Docter, producer Denise Ream, director Peter Sohn, actors Vincent Lacoste, Adele Exarchopoulos, and a guest attend the photocall for Pixar's “Elemental” during the 76th annual Cannes Film Festival, in Cannes, France, 26 May 2023. (EPA)
(L-R) Actors Mamoudou Athie, Leah Lewis, Pixar CCO Pete Docter, producer Denise Ream, director Peter Sohn, actors Vincent Lacoste, Adele Exarchopoulos, and a guest attend the photocall for Pixar's “Elemental” during the 76th annual Cannes Film Festival, in Cannes, France, 26 May 2023. (EPA)

Walt Disney's Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment “Lightyear,” sources said on Saturday, the first significant job cuts at the studio in a decade.

The cuts included "Lightyear" director Angus MacLane, a 26-year animator who was part of the senior creative team on such acclaimed films as “Toy Story 4” and “Coco.” Galyn Susman, producer of "Lightyear," also departed. Susman had been at Pixar since the release of the original “Toy Story” movie in 1995.

MacLane and Susman could not be reached for comment.

The cuts, which took place May 23, are part of Walt Disney Chief Executive Bob Iger’s previously announced plan to eliminate 7,000 jobs and slash $5.5 billion in costs. That restructuring combined the film and television groups into a single Disney Entertainment unit and eliminated a division charged with distribution.

The layoffs at Pixar are significant because the studio is a creative force generating franchises and characters that drive revenue across Disney.

Pixar is famous for cinematic franchises including “Toy Story,” “The Incredibles” and “Cars.” But “Lightyear,” released a year ago with a reported budget of $200 million, brought in a modest $226.7 million in worldwide ticket sales and received a mixed critical reception.



Taylor Swift Fans Turn Out Early for Book Launch at Target

Taylor Swift attends an in conversation with Taylor Swift event at the Toronto International Film Festival on Sept. 9, 2022. (AP)
Taylor Swift attends an in conversation with Taylor Swift event at the Toronto International Film Festival on Sept. 9, 2022. (AP)
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Taylor Swift Fans Turn Out Early for Book Launch at Target

Taylor Swift attends an in conversation with Taylor Swift event at the Toronto International Film Festival on Sept. 9, 2022. (AP)
Taylor Swift attends an in conversation with Taylor Swift event at the Toronto International Film Festival on Sept. 9, 2022. (AP)

Taylor Swift fans and their parents lined up outside some of Target's nearly 2,000 US stores early on Black Friday to buy copies of her new Eras Tour book.

Hoping to buck a long stretch of slowing sales at Target stores - with penny-pinched shoppers making purchases at rival retailers - the big-box chain teamed up with Swift to build on the fan momentum she experienced following her Eras Tour concerts.

Several customers queued up outside Target stores as early as 5 a.m. ET in freezing temperatures, with most of them there to snap up Swift merchandise, Reuters reported.

"Yeah, it's really cold but we're here to get Taylor Swift's tour book and her latest vinyl drop," Carlos Miracle, a 31-year old Swift fan, said while waiting outside a Chicago store.

Parents of teenage daughters and youngsters in their late 20's were up and about to buy Swift's Eras Tour book priced at $39.99 at Target. The retailer is also making available a vinyl album and CD version of "The Tortured Poets Department: The Anthology" for the first time containing 35 tracks including four acoustic bonus songs.

The vinyl version is being sold at $59.99 and CDs for $17.99, according to Target's website.

Swift, 34, has been setting music industry milestones and boosting local economies with The Eras Tour, with the last leg of the concert happening in Canada currently, a phenomenon that some economists have termed " Swiftflation."

Swift had released her latest Tortured Poets album in May during Target's first quarter, boosting its sales in its entertainment category by a high-single-digit percentage.

On Friday, Julia Corrin, a 39-year old from Pittsburgh bought the Era Tour book. The tour was a "really special moment ... and it'll be great to have something to remember it by," she said.

In New Jersey, 28-year old Amy Webb was in line to get her hands on the new Eras Tour book. "I usually don't buy anything during the holiday season, but wanted to get my hands on this before it sells out," she said.

On X, formerly known as Twitter, users shared images of long queues to grab Swift's merchandise while some noted that a few Target stores saw nearly empty shelves for the Eras Tour book and were out of Tortured Poets vinyl as of 9:30 a.m.

"The vinyl went quick, I don’t know exactly how many my store got, but I was in line at 5. By the time it was my turn the employee told me there were only 8 left," said an X-user Rachel.

There were no fans in line as of 8:30 a.m. at one Target store in New Jersey that had opened two and a half hours earlier. Its rack holding copies of the Eras Tour book was half empty.

To boost sales during the holiday season, which is shorter than in previous years with only 26 days between Thanksgiving and Christmas, Target will begin to offer the Eras Tour book and vinyl and CD version of her Tortured Poets album on its app and website beginning Saturday.

"That's the only reason I am here, we don't want to go online and see that it is sold (out)," said a 35-year old Marriott Hotel employee Adrian Antuna, who was waiting to get his hands on the Eras Tour book and a couple of the Tortured Poets Department vinyl albums.