Disney to buy Pixar for 7.4 Billion

CNN is reporting that Disney is buying Pixar for $7.4 billion, confirming lots of speculation as of late. Jobs will join the board of Disney while John Lasseter, the creative spirit behind Pixar, will become chief creative officer for the combined animation studio. I hope this means only good things for Disney, and no bad things for Pixar. Only time will tell.

More details as they become clear.

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Source: http://money.cnn.com/2006/01/24/news/companies/disney_pixar_…

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CNN is reporting that Disney is buying Pixar for $7.4 billion, confirming lots of speculation as of late. Jobs will join the board of...

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wheels

I hope Disney finds the Nemo they're looking for... Now if they would only re-release "The Black Caldron." That movie rules!

January 24 2006 at 6:53 PM Report abuse Permalink rate up rate down Reply

John Frost

Looks like Disney gets everything they want and Steve Jobs gets some new influence in Hollywood. I just liveblogged the CNBC interview with Jobs and Iger on my blog. Looked like two chums, one selling a car to the other.

I think this bodes well for Disney. Especially if John Lasseter is given free reign in Animation and able to stop some of the lower quality projects currently in the pipeline at Disney.

-John
http://thedisneyblog.typepad.comLooks like Disney gets everything they want and Steve Jobs gets some new influence in Hollywood. I just liveblogged the CNBC interview with Jobs and Iger on my blog. Looked like two chums, one selling a car to the other.

I think this bodes well for Disney. Especially if John Lasseter is given free reign in Animation and able to stop some of the lower quality projects currently in the pipeline at Disney.

-John
http://thedisneyblog.typepad.com

January 24 2006 at 5:46 PM Report abuse Permalink rate up rate down Reply

iJavaJoe

Something great and wonderfull was set aflame today. Let's just hope a Phoenix can rise from this ash...

January 24 2006 at 5:32 PM Report abuse Permalink rate up rate down Reply

Nik Fletcher

I think they should call the new company Monsters Inc..... but that's just me! ;)

January 24 2006 at 5:16 PM Report abuse Permalink rate up rate down Reply

hazkid

wow.

January 24 2006 at 4:52 PM Report abuse Permalink rate up rate down Reply