Interesting article

The widely publicized breakup of Walt Disney's 13-year partnership with Pixar Animation last month was cast, in much of the media, as a personal spat between Michael Eisner and Steve Jobs, the larger-than-life chief executives of the two companies.

But beneath the public vitriol--Jobs called recent Disney films "embarrassing," among other things--are deep problems within the Magic Kingdom that are far more serious than studio backlot fodder for Hollywood gossip columns. Disney's failure to capitalize on the digital revolution in entertainment is a key factor in the company's vulnerability to Wednesday's hostile takeover bid by cable giant Comcast.