The More Things Change…

Pixar Approves Disney Buyout

The board of Pixar Animation Studios, the digital animations company, is set to meet tomorrow to approve the company’s $7bn (£3.9bn) takeover by Disney.

The all-share deal will make Steve Jobs, the chief executive of Apple, around $3.5bn and the single largest shareholder in Disney. Jobs created Pixar in 1986 when he paid $10m for the computer animations division of Lucasfilm, owned by Stars Wars creator George Lucas.

…the giant entertainment company has failed to produce a hit animated film of its own in years. By contrast, the six films that Pixar and Disney have made together since the 1995 release of Toy Story have grossed more than $3.2bn.

Well if you didn’t see that coming a mile away, you’re about as thick as J-Lo’s ass, and twice as jiggly. Disney and Pixar seem to work well together, hopefully the ownership by the big D doesn’t stifle their work.

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By Sharkey

I run bamf.

3 comments

  1. could be bad…As I understand it, Disney really just handled the distribution of the movies for Pixar. Now that they have more control over what Pixar makes it’s possible the quality could suffer. I mean, I can’t remember the last good movie Disney made.It also might mean the end of Disney’s hand animation practices which would really be too bad. Not that I’m knocking what Pixar does or anything, but I like hand drawn animation too and there arent many folks who do that anymore.

  2. ShyteI remember hearing rumours about this a couple of years ago. Clearly it means that Pixar loses the right to turn down projects that Disney wants (or that Pixar has less ability to fight bad choices), so expect shit. Disney hasn’t made much good since my childhood.

  3. shitSteve Jobs was the major share holder of Pixar and now has a chance to be on the board of directors at Disney.Being who Disney is, the quality of films will suffer a lot. Especially the way Disney makes sequals to their films. i.e. Toy Story 3 in 2008

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