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Creative Chief of Pixar, John Lasseter, was strongly against the idea of third and forth movies, while the old Disney regime pushed forward with it. Now with Pixar and Steve Jobs on the board, Lasseter has taken the necessary steps to prevent the franchise from being diluted. More…
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You are currently browsing the Stan's List weblog archives for the 'Pixar' category.
The UK’s online BusinessTelegraph reports that a deal whereby Disney will purchase Pixar is all but done. The latter’s board is expected to meet tomorrow (Monday) to approve the company’s $7 billion takeover.
The deal is reportedly an all-share affair that will make Steve Jobs the single largest shareholder in Disney. Jobs stake in Pixar—51 percent—is said to be worth about $3.5 billion.
Pixar was created in 1986 from the computer animations division of Lucasfilm for which His Steven paid $10 million.
Rumors abound that Pixar will be purchased by Disney and Steve Jobs has been predicted to be chairman or CEO. Regardless, Mercury News figures that any such match will digitize the movie world.