Setting the scene
In the early 1990s Disney's Renaissance animation dominated family film, while computer graphics had appeared only in shorts and experimental sequences. Pixar, spun from Lucasfilm and funded by Steve Jobs, had struggled through years of hardware sales before focusing on software and storytelling. Disney needed a partner to test whether audiences would accept fully CG characters for an entire feature.
What happened
Toy Story premiered on November 22, 1995, after a grueling production that nearly shut down when Disney executives pushed for a more cynical tone. Directed by John Lasseter, it starred Tom Hanks as Woody and Tim Allen as Buzz Lightyear, rival toys who must cooperate when their boy Andy moves. Randy Newman's You've Got a Friend in Me and the film's toy-box worldview turned plastic figures into sympathetic leads.
Why it still matters
Toy Story grossed over $370 million worldwide, earned a special Oscar, and proved CG could sustain emotion and comedy, forcing every major studio to build digital animation pipelines. It launched Pixar's decades-long partnership with Disney and billions in merchandise. Memorable detail: Buzz Lightyear's name was inspired by Apollo 11 astronaut Buzz Aldrin, though the character's delusion that he is a real space ranger drives the film's central joke.
Background
Woody and Buzz changed animation economics for studios worldwide.