[OSX Abuser]

Pixar buys Disney

Just saw this posted to the front page of /.
What do you thinks this will bode for the future of both companies and Apple?

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.

[baw]

Pixar buys Disney for $-7 billion

Strike that. Reverse it.

[JoshuaZ]

Does this mean I can watch all my favorite Disney films on my iPod now?

Under the sea.... under the sea...

[Eriamjh]

Originally Posted by JoshuaZ

Does this mean I can watch all my favorite Disney films on my iPod now?

Under the sea.... under the sea...

"There'll be no accusations, just friendly crustaceans
Under the sea..."

[as2]

Looks like Job's has just hit his payday - $10 million for Pixar - now owns most of Disney ($3.5billion!)

[analogika]

Jobs is the ultimate salesman.

This will be the second company that bought HIM that he'll end up taking over.

[angelmb]

The article says 'Disney buys Pixar'

[analogika]

Originally Posted by angelmb

The article says 'Disney buys Pixar'

And one of the comments makes the point that Apple bought NeXT, once upon a time, but that NeXT took over Apple.

Note the negative number ("$-7 billion") in the title.

[andreas_g4]

In ten years, Apple will be an entertainment company with a computer division.

[Cody Dawg]

Jobs, CEO of Disney.



WOW.

[production_coordinator]

Originally Posted by andreas_g4

In ten years, Apple will be an entertainment company with a computer division.

Name one piece of entertainment Apple creates.

Apple and Steve have simply learned from their past mistakes. The old Apple would probably have ONLY sold the iPod, iTunes and iTMS to Mac users. The new Apple isn't going to turn their back on a good profit.

If Apple was serious about minimizing the computer component of Apple, I think we would see more of the pro apps being developed for Windows.

[analogika]

Originally Posted by andreas_g4

In ten years, Apple will be an entertainment company with a computer division.

Twenty years ago, Apple was a media (entertainment) creation key player. Their machines made digital print creation possible.

Today, Apple is a media key player. They have added (or are adding) media distribution to creation and consumption. They make machines to cover all bases, and I assure you that content CREATION is as central to that strategy as it was twenty years ago.

The Mac isn't going away, nor is it being marginalized.

[andreas_g4]

Now that I read my post again, it sounds as if I don't support the current events. On the contrary, I think it is very good for the Apple market when they have even more influence in the entertainment market. So, what I wanted to say was more "In ten years, Apple will be a big player in entertainment and have a big (read: bigger share then today) computer department.

[cpt kangarooski]

Originally Posted by production_coordinator

Name one piece of entertainment Apple creates.

Their habit of staying secretive about product announcements creates entertaining rumors.

[MaxPower2k3]

Originally Posted by as2

Looks like Job's has just hit his payday - $10 million for Pixar - now owns most of Disney ($3.5billion!)

Er, no. He'll just be the largest shareholder (not majority shareholder). As was pointed out in the other thread about this, I think, Disney's stock is worth something like $50 billion. Steve Jobs (who owns 51% of Pixar stock) gets $3.5 billion of the $7 billion deal. A sizable chunk, for sure, but not enough to take over Disney or anything. Yet.

[angelmb]

Originally Posted by analogika

And one of the comments makes the point that Apple bought NeXT, once upon a time, but that NeXT took over Apple.

Note the negative number ("$-7 billion") in the title.

Thanks for the clarification. So saying Pixar buys Disney for $-7 billion equals to Disney buys Pixar for 7 billion, right?

[Leia's Left Bun]

Originally Posted by Eriamjh

"There'll be no accusations, just friendly crustaceans
Under the sea..."

Ha ha

[OSX Abuser]

Originally Posted by angelmb

Thanks for the clarification. So saying Pixar buys Disney for $-7 billion equals to Disney buys Pixar for 7 billion, right?

Just like what happened with NEXT and Apple.
Who really bought who???

[MaxPower2k3]

Originally Posted by OSX Abuser

Just like what happened with NEXT and Apple.
Who really bought who???

Well, that sort of remains to be seen. Either Pixar saves Disney and they start making some money again, or they make a few good movies but aren't enough to keep Disney afloat and they go down with the ship, so to speak.

[The Godfather]

I look forward for the next DisneyWorld Keynote by Steve Jobs.

[ironknee]

i can't imagine steve selling pixar to disney..i can't! NEVER!

[greenamp]

I know I'm being an alarmist by saying this without having much info into the inner working of the deal, but I can't help but think that the Pixar we all know and love is now dead.

I know a lot of people are comparing this to the Apple-buys-NeXT thing, but Disney is a far uglier monster than Apple was back then. I just don't believe the beast that is Disney is capable of being transformed by Pixar like Apple was by NeXT.

Perhaps this could put Apple in a good position to buy Disney in a few years? Longshot.

[analogika]

Apple isn't worth $50 billion by a LONG shot.

[demibob]

Originally Posted by analogika

Apple isn't worth $50 billion by a LONG shot.

isnt it
i thought it was worth over that

[Hugi]

Originally Posted by demibob

isnt it
i thought it was worth over that

It is

[demibob]

^ thought so
64 billion and it looks like it was worth about 8 billion more just a week ago

[analogika]

whoah.

okay, nevermind that, then.