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Wednesday, 25 January 2006
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The Walt Disney Company has agreed to acquire Pixar Animation Studios in a $9.9 billion all-stock transaction that brings the leader in computer animation under the banner of the world's most famous name in cartoons.
This is huge! How wealthy can Steve Jobs get? And what is it with Disney? They can't persuade Pixar to make their movies, so they buy the company? Steve ends up on the board; makes millions I assume, still has some power, and the famous Reality Distortion Field.
[ABC News: Entertainment (with Mpeg1)]
9:01:05 PM
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© Copyright 2006 Peter Nixon.
Last update: 6/2/06; 7:38:45 AM.
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