THQ Comments On Its Relationship With Disney-Pixar (THQI, DIS)

| About: THQ, Inc. (THQIQ)
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From gaming publisher THQ's (THQI) F3Q06 (Qtr Ending Dec 31, 2005) conference call transcript:

Q - Mike Wallace, analyst UBS

Hi, couple of questions. First, Brian could you just give us an update on Disney Pixar, was there anything that changes, you know, some people thought that maybe that they’ll accelerate the number of movies they do? What is your current thinking -- to do one per year? And maybe if you could refresh our memory on what sort of sequel rights you own under new agreement?

A - Brian Farrel, CEO THQ Inc.

Sure. We have an agreement with Pixar for the next four films after Cars. As you might have seen on the wire today, currently Disney and Pixar have structured a new distribution for the next – for Pixar's next movie 'Ratatouille'. And this is currently they record in their press release just in case, you know, their merger does not close for any reason. But, so, that would be the next film on our schedule, and we do have an introduction. You know, the acquisition of Pixar by Disney does not change any of our rights. So, just to recap, you know, what we have and what we still have is the next four Pixar films after Cars, we are committed to make sequels to those games based on the movie rights we have. We do not have the rights to produce games based on any movie sequel that Pixar and Disney do to previously existing Disney Pixar films. Now, that being said, you know, we’ve done 8 million units of Finding Nemo and 6 million units of The Incredibles, and we think we’re going to have a very strong results with Cars. So, we certainly like to work very closely with Disney and Pixar to see if there are other opportunities for us in the future beyond the rights we have.