In 1940, Pinocchio, traditionally animated by Walt Disney Productions (founded in the last quarter of 1923) and released on February 7, 1940, won two Academy Awards for Best Original Song for "When You Wish Upon A Star", and for Best Original Score.
Then, each frame of the animation was transferred onto animation cels using an early version of a Xerox. In traditional animation, images are drawn or painted by hand on transparent celluloid sheets to be photographed and exhibited on film. Rather than tracing, which would result in stiff unnatural movement, the animators used the footage as a guide for animation by studying human movement and then incorporating some poses into the animation (though slightly exaggerated). Pinocchio was a groundbreaking achievement in the area of effects animation. 
