Disney Close to Acquiring Pixar
According to the New York Times, Disney is close to acquiring Pixar in a stock deal worth about $7 billion. People briefed in the negotiation told the Times that the deal "could fall apart at any time."
Several crucial details are still being hammered out, but if the Pixar board approves, its animation unit will join Disney's, with John Lasseter expected to oversee the combined unit.
Steve Job, Pixar's CEO, will become Disney's largest shareholder and is expected to be given a seat on the board.
Disney and Pixar currently have a distribution deal where Disney owns the rights to movies it distribute for Pixar. "Cars," scheduled for a summer release this year, is the last movie under this deal.
Several crucial details are still being hammered out, but if the Pixar board approves, its animation unit will join Disney's, with John Lasseter expected to oversee the combined unit.
Steve Job, Pixar's CEO, will become Disney's largest shareholder and is expected to be given a seat on the board.
Disney and Pixar currently have a distribution deal where Disney owns the rights to movies it distribute for Pixar. "Cars," scheduled for a summer release this year, is the last movie under this deal.
Related Items
| Celeb: | John Lasseter |
| Movie: | The Incredibles |
| Monsters, Inc. | |
| Finding Nemo | |
| Toy Story | |
| Toy Story 2 | |
| Cars |
(1-8 of 8 posts) | Reply
on Jan 24 2006 08:03 AM as much as I prefer the traditionally drawn disney classics compared to all this new, cgi stuff, I still prefer pixar's work compared to disney's solo crap (valiant, chicken little, wtf?!). Please for the love of god disney, DON'T SCREW THIS UP!!! its bad enough that the house of mouse is losing its magic, don't let it fall all the way down the craphole. (Reply to this) |
|
on Jan 24 2006 08:32 AM In reply to this comment (#830293) Yes, and hopefully Pixar won't loose it's magic as well... (Reply to this) |
|
on Jan 24 2006 09:05 AM In reply to this comment (#830293) Valiant has nothing to do with Disney, it's been made by British studio "Vanguard Animations" and distributed here in USA by Dreamworks. But, to the topic, one can only hope this means Disney will get better. Or that this won't affect the well-established quality of Pixar Also, it's not really news - been out for couple of days already, here's Slashdot rant about it: (Reply to this) |
|
on Jan 24 2006 09:09 AM [b]Disney[/b] If Disney buys Pixar, I hope that they don't get too involved in the production of any of their movies. Disney hasn't made a good movie in ages, while Pixar is nothing but gold. We aren't exactly overwhelmed right now with all the high quality pictures, animated or not. Why mess with a good thing? Just goes to show that Disney's mantra is no longer about producing good movies, but rather buying those that actually DO. Sad (Reply to this) |
|
on Jan 24 2006 09:13 AM I could be wrong but I actually thought that valiant was distributed by walt disney pictures, them distributing the dvd and all? but I know what you're saying in that disney had absolutely no creative input when it came to valiant as well as the pixar films. (Reply to this) |
|
on Jan 24 2006 10:21 AM In reply to this comment (#830297) well, i know the top of the DVD says Walt Disney presents...I would definitely assume they distributed the DVD. (Reply to this) |
on Jan 24 2006 01:06 PM If Disney buys Pixar, they will give Pixar the kiss of death! NOOO!!!! (Reply to this) |
|
on Jan 24 2006 08:56 PM Well, the news is out - Disney has bought Pixar... (Reply to this) |
| You must be registered to post comments. Login or Register. |
Related Links
Related Articles
-
Watch John Lasseter Explain Buzz Lightyear's Origins
(3)
- Exclusive: Mandy Moore Talks Rapunzel (14)
- Lasseter Announces New Winnie the Pooh Feature (16)
- Box Office Guru Preview: District 9 Invades Over Crowded Frame (22)
- Cannes 2009: Up Takes Flight at After-party (6)
- Inside Walt Disney Animation Studios - A Photo Tour (10)
- Video Exclusive: Bolt Behind the Scenes - Characters (5)
- Video Exclusive: Bolt Behind the Scenes - Story (2)
- Video Exclusive: Bolt Behind the Scenes - Design (1)
-
Cars 2 Races for 2011 Finish
(11)
Most Discussed
- Friday Harvest: The Road, Avatar, and more! (96)
- 5 Facts About The Twilight Saga: Eclipse (90)
- Ban Them All! 10 Infamously Controversial Movies (90)
- Critics Consensus: Flee From Ninja Assassin (47)
- Box Office Guru Wrapup: Vampires and Football Break Thanksgiving Records (33)
- Weekly Ketchup: Zombieland 2 in 3D? (28)
- Five Favorite Films With Zombieland Director Ruben Fleischer (24)
- RT on DVD & Blu-Ray: Terminator Salvation and a Smithsonian Battle (17)
- Duncan Jones Reteams With Kevin Spacey (5)
- Total Recall: Natalie Portman's Best Movies (5)
Latest News
- Total Recall: Natalie Portman's Best Movies (5)
- RT on DVD & Blu-Ray: Terminator Salvation and a Smithsonian Battle (17)
- Box Office Guru Wrapup: Vampires and Football Break Thanksgiving Records (33)
- Weekly Ketchup: Zombieland 2 in 3D? (28)
- Duncan Jones Reteams With Kevin Spacey (5)
- Friday Harvest: The Road, Avatar, and more! (96)
- Ban Them All! 10 Infamously Controversial Movies (90)
- 5 Facts About The Twilight Saga: Eclipse (90)
- Five Favorite Films With Zombieland Director Ruben Fleischer (24)
- Critics Consensus: Flee From Ninja Assassin (47)
Latest Interviews
- "I Don't Hate Women": Lars von Trier on Antichrist (17)
- Eric Bana talks Love the Beast - RT Interview (11)
- Fight Club Sound Designer Reflects on Film's 10th Anniversary (21)
- James Schamus talks Taking Woodstock - RT Interview (8)
- John Hurt Talks Harry Potter, Quentin Crisp and Alien - The RT Interview (15)
- Terry Gilliam Talks Doctor Parnassus (22)
- Wes Anderson Talks Fantastic Mr. Fox - RT Interview (9)
- Wolverine Creator Len Wein Talks About the Film (28)
- Gavin Hood Talks Wolverine; Possible Sequel (28)
- Duncan Jones talks Moon, Sam Rockwell, and Mute (14)
Latest Features
- Ban Them All! 10 Infamously Controversial Movies (90)
- 5 Facts About The Twilight Saga: Eclipse (90)
- Five Favorite Films With Zombieland Director Ruben Fleischer (24)
- "I Don't Hate Women": Lars von Trier on Antichrist (17)
- Fight Club Sound Designer Reflects on Film's 10th Anniversary (21)
- Five Favourite Films with Ang Lee (35)
- 10 Movies That Changed The (End Of The) World (36)
- Ho-ho-horror! 10 Scary Christmas Movies (39)
- 12 Facts About 2012 (135)
- RT's Movie Location Guide - London as Elsewhere (0)
IGN RSS Feeds