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Disney Buys Pixar
Tuesday, Jan. 24 2006 | Author: jeremyDisney has formally announced the aquisition of Pixar for the purchase price of $7.4 billion. Pixar CEO Steve Jobs will become Disney’s largest shareholder as a result of the deal.
Pixar CEO Steve Jobs will become Disney’s largest shareholder, giving him an extraordinary position at the confluence of technology and entertainment, computers and film, as well as a commanding presence in the music industry through Apple’s iTunes Music Store. For Disney, and its new CEO Robert Iger, the deal secures what has been a hugely valuable source of animated hits.
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5 Responses for "Disney Buys Pixar"
January 24th, 2006 at 5:34 pm
1Steve Jobs is slowly becoming Myles Dyson…the rise of the machines will begin soon.
January 24th, 2006 at 7:50 pm
2I bought some Disney stocks when I heard the rumor a few days ago… I hope Pixar acquisition can pull Disney out of perpetual mediocrecy.
January 25th, 2006 at 12:17 am
3On the other hand, I hope Disney doesn’t pull down Pixar :(
January 25th, 2006 at 10:28 pm
4Hmm… I’m no longer wanting to work for Pixar, now. :)
December 18th, 2006 at 7:43 am
5I am very impressed how you can build webpages!
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