Walt Disney executives will meet with company investors this week in an attempt to dilute the negativity caused by Pixar's decision to end its relationship with the company.

CEO Michael Eisner, president Bob Iger and chief financial officer Tom Staggs will speak to investors February 11 and 12. The meeting will be Webcast and available to all investors, although only attendees will be able to ask questions.

Roy Disney, the nephew of company founder Walt Disney, is calling for Michael Eisner's resignation. He accuses Eisner of a host of management failings.

The company is due to hold its annual shareholder meeting on March 3.

Format wars alliance revealed

In related news, Microsoft and Disney have announced an alliance that will see the two companies working closely together to develop digital media content and delivery systems.

As part of the agreement, Disney will license Microsoft Windows Media Digital Rights Management (DRM) technology.

General manager of Microsoft's Digital Media division Dave Fester said: "This is really designed so that we will cooperate on digital media initiatives and accelerate the flow of digital content to consumers. It builds a great bridge between the technology companies and Hollywood."