Comment by rootbear

That is not true. I was there. The film that was nearly lost was being made at Pixar. There was never any version of TS2 made by anyone else. I think this idea may come from the fact that Disney owned the Toy Story characters and if Pixar had later gone with another partner studio, it would be Disney making Toy Story movies, not Pixar. This was a major motivator for Pixar to stay with Disney.