Disney and Pixar have shaken up the animation community today with the announcement that they will no longer be participating in ASIFA's annual Annie Awards -- arguably one of the most prestigious awards for animated films. Citing concerns over how the event is judged, Disney has pulled out of not only presenting their films for consideration, but from the organization completely. The company has sponsored the event since its inception back in 1972.

"After more than a year of discussions with the ASIFA board, we have regretfully decided to withdraw from the organization and no longer participate in the annual Annie Awards," said Disney-Pixar president Ed Catmull. He continued, "We believe there is an issue with the way the Annies are judged, and have been seeking a mutually agreeable solution with the board. Although some initial steps have been taken, the board informed us that no further changes would be made to address our concerns."

Hit the jump to find out what has Disney so steamed.