Finding Nemo a new animation studio, Circle 7 Animation, to make sequels to the seven Disney-owned Pixar films (which consisted of the films released between 1995 and 2006). The studio had put "Toy Story 3" and "Monsters University" into development, and had hired screenwriter Laurie Craig to write a draft for "Finding Dory". Circle 7 was subsequently shut down after Robert Iger replaced Eisner as CEO of Disney and arranged the acquisition of Pixar. In July 2012, it was reported that Andrew Stanton was developing a sequel to "Finding Nemo", to be titled "Finding Dory", with Victoria Strouse writing the script, and
Finding Nemo was released on May 30, 2003; the film won the Academy Award for Best Animated Feature, and was nominated in three more categories, including Best Original Screenplay. "Finding Nemo" became the highest-grossing animated film at the time and was the second-highest-grossing film of 2003, earning a total of $871 million worldwide by the end of its initial theatrical run. The film is the best-selling DVD title of all time, with over 40 million copies sold , and was the highest-grossing G-rated film of all time before Pixar's own "Toy Story 3" overtook it. The film was re-released in 3D in