Disney, Pixar Finally Seal The Deal
from the put-on-your-mouse-ears dept
Disney has finally agreed to buy Pixar for $7.4 billion, with Steve Jobs gaining a seat on the Disney board. As much as this is about Disney significantly enhancing its animation business, it’s about getting access to Jobs, who can help the company negotiate new technologies — although that could create some conflicts of interest with his role at Apple. Disney’s late transition to computer-generated animated movies from hand-drawn ones could be seen as symptomatic of its failure to adequately adapt to and seize on advancing technology. The price it’s paid for Pixar may be high, but it’s hoping ready access to Jobs will make it worthwhile.