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| Disney to buy Pixar for $7.4 billion | |
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| Tweet Topic Started: Jan 25 2006, 11:26 AM (286 Views) | |
| SparkyX | Jan 25 2006, 11:26 AM Post #1 |
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Co-Owner
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Found this little tidbit off at Dark Horizons:
Good news for fans of the Disney/Pixar films. But, it may be a bad news for some of the fans. There are things to consider with this deal made by Disney, Yahoo! News reports that Disney on Tuesday agreed to acquire Steve Jobs' Pixar for $6.3 billion in stock plus $1.1 billion of the company's cash. The deal also gives Pixar and Jobs unprecedented access into what is perhaps the world's most renowned entertainment brand. Jobs, who doubles as chief executive of Apple Computer Inc., will take a seat on Disney's board. He also becomes Disney's largest individual shareholder. Further, several Pixar executives will oversee Disney's animation unit along with their own operations. That means, the Pixar animation team will be leading the operations in the animation department. It may as well that we might see some changes in the directions on Disney Channel. Good news, bad news? Discuss! |
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| Avril L. | Jan 25 2006, 04:00 PM Post #2 |
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Sergeant Major
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Good news. Disney needs to get straightened out. |
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| JadeHawk | Jan 25 2006, 09:58 PM Post #3 |
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Private
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I hate Disney. I wish Pixar wouldn't have done that. I have no say in it, obviously, and $7.4 billion... that's quite a bit Ah well. See how that turns out. |
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