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Walt Disney World (WDW) News Discuss Disney Buys Pixar ?? in the News & Rumors forums; I just saw this on the 'net
  1. #1
    tiggerguy's Avatar
    tiggerguy is online now one of the good guys
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    Mar 2004
    amongst the loonies

    Disney Buys Pixar ??

    WDWRadio Moderator

  2. #2
    buccool's Avatar
    buccool is offline See my avatar. You know you love him
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    Jun 2005
    Wow thats amazing
    Remember without Disneyland there would be no mr.toad FOREVER
    for belle and her fight

  3. #3
    jarmitc2032's Avatar
    jarmitc2032 is offline Lives At Epcot
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    Jul 2004
    It will be funny if they change the name of the Walt Disney Company to Disney Pixar. I think its a good move and I hope good things will come from it.

  4. #4
    TrendyMagic's Avatar
    TrendyMagic is offline On Mars
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    They are supposed to be deciding on it tonight.

  5. #5
    olmec26's Avatar
    olmec26 is offline Created by Mark Burnett
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    Aug 2004
    New Orleans, LA
    Any breaking news coming from deep inside the Disney Secret Meeting Room?

    Por favor mantanganse alijado de las puertas.

  6. #6
    crcormier is offline A-Ticket holder
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    Nov 2004
    It's official - From Market Watch:

    Disney, Pixar agree to $7.4 billion deal By Russ Britt, MarketWatch
    Last Update: 4:41 PM ET Jan. 24, 2006 LOS ANGELES (MarketWatch) -- After months of negotiations, Walt Disney Co. will acquire Pixar for $6.3 billion in stock plus $1.1 billion of the computer animation specialist's cash, the companies said Tuesday.

    The deal combines the two companies that have been partners for more than a decade, and gives Disney a leg up in animated films, where it has been struggling in recent years.

    Both Disney and Pixar shares were halted just prior to the announcement, which occurred shortly after the closing bell. Disney ended trading Tuesday up nearly 2% while Pixar was off 1.2%.

    Under terms of the deal, Pixar Chief Executive Steve Jobs will take a seat on Disney's board. It is believed he will become the company's largest shareholder.

    Pixar will be combined with Disney's animation department and the new operation will be headed by Ed Catmull, Pixar's president. Catmull will report to Disney Chief Executive Robert Iger and studio chief **** Cook.

    John Lasseter will become chief creative officer of the animation studios as well as principal creative advisor at Walt Disney Imagineering.

    Two years ago, Pixar sought to sever its ties to Disney with former Chief Executive Michael Eisner getting the blame for souring the relationship with its successful animation partner. Pixar has yet to release a flop from the six animated features it has produced thus far.

    Talks resumed after Eisner left the company last year, giving way to Iger, who immediately sought to renew the company's relationship with Pixar and resumed talks to continue their distribution arrangement. That later blossomed into takeover talks.

    Disney has distributed Pixar's films over the last 11 years, beginning with 1995's "Toy Story." The other films in Pixar's library include "A Bug's Life," "Toy Story 2," "Monsters Inc.," "Finding Nemo" and "The Incredibles." The two first formed their partnership in 1991.

    One more film remains under the current Disney-Pixar arrangement, "Cars," which is due to be released in June.

    Russ Britt is the Los Angeles bureau chief for MarketWatch.

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