It’s official, Disney buys Pixar

January 25, 2006 by guestauthor in AV,Entertainment with 4 Comments

As a follow-up post to Disney to buy Pixar.

It is official. Disney purchased Pixar for approximately $7 billion dollars.

The transaction could transform Disney, whose own animated films have been less than spectacular in recent years, into the animation dynasty it was during the early 1990s, when it turned out such hits as Beauty and the Beast and Lion King. But just as important, the acquisition will usher in a new era in which Disney, with Jobs and Disney CEO Bob Iger allied, could rewrite the rules of how entertainment is distributed digitally via new consumer technologies.

I am hoping that the quality flicks ushered by Steve Job’s Pixar will not be plagued by the less than stellar Disney releases. Lion King 1 1/2? There was only supposed to be one Lion King.

Can anyone else say iTunes Disney Movies [iTDM]?

Ian

Judging that Pixar will still be based in the Bay Area, there’s a good chance that they’ll still have creative license. Plus, do you ever expect Jobs to give up full control over /anything/ that he lays his hands on?
Derek

i’m sure that disney will begin to utilize its new assets to create / remake their “cartoons” in pixar glory.

lion king 1 3/4 special “pixar” edition? i see something like that happening.
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Joshua Jarman

Great…now the world will have to suffer “direct to itunes” poorly made disney sequels.

I hope they both remember that good animation is more about the art then the rendering or the merchandising.

It’s official, Disney buys Pixar

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