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 The Venice Film Festival’s red carpet was festooned with balloons on Sunday to mark the lifetime achievement award for director and producer John Lasseter and his crew of Pixar directors.

They were rewarded for their work creating a new generation of childhood memories populated with Nemo, Woody and Sulley. It is the first time in festival history that the award honors not just one filmmaker but an entire studio.

Pixar, founded in 1986 and based in northern California, pioneered digital computer animation and has made 10 feature films to date, four of which have won Oscars since the animation category was introduced in 2001.

"We really set out to deeply entertain an audience, not just children but adults as well," Lasseter told reporters Sunday.

Film directors John Lasseter and George Lucas arrived together for the presentation. The entire crew was so happy. George Lucas posed photographs along with animated characters, son Jett Lucas & partner Mellody Hobson.

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AP Photo/Andrew Medichini

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