Recently, Pixar’s Chief Creative Officer Pete Docter gave an interview to Bloomberg, where he shared the studio’s future plans.
In particular, Docter stated that the failure of “Buzz Lightyear,” “Turning Red,” “Luca,” and several other Pixar projects seriously concerned the studio’s leaders. They realized that the studio was heading in the wrong direction and began discussing how to regain the company’s top positions in the film industry.
First and foremost, in future projects, they decided to rely on proven ideas that are attractive to mass audiences. The studio no longer plans to release projects based on personal ideas or experiences of any director, as such films performed extremely poorly at the box office and were uninteresting to audiences.
Additionally, Pixar executives promise to pay closer attention to the quality of upcoming films and hope to persuade fans who were disappointed in the studio after a series of failures. The studio has high hopes for “The Incredibles 2,” which is set to be released later this month. The first installment grossed $858 million in 2015, and the studio hopes that the sequel will show worthy results at the box office.
In the next two years, Pixar will release the animated films “Luca” and “Toy Story 5.” Pixar also considers the “Finding Nemo” and “The Incredibles” franchises as primary candidates for sequels.