Thursday, January 19, 2006

Disney to Buy Pixar?

This is certainly interesting news for Disney fans.

A couple of years ago Disney and Pixar's relationship had deteriorated to the extent that negotiations ended for Disney to continue distributing Pixar's films. (The current deal ends this year.) Talks resumed when Robert Iger replaced Michael Eisner at Disney, but still no announcement of a new distribution deal.

Now it emerges that there may be more than a new distribution deal in the works -- Disney may actually buy Pixar. If the purchase goes through, Steve Jobs will become Disney's largest shareholder.

(Hat tip: Mice Age.)

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