Disney Close to Acquiring Pixar

by | January 24, 2006 | Comments

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.

Tag Cloud

biography sports Acorn TV serial killer Calendar Paramount Adult Swim Character Guide vampires Nominations transformers diversity blaxploitation Ovation war Schedule Election Biopics police drama YouTube Red thriller OWN talk show Song of Ice and Fire dc cults supernatural A&E TCA 2017 Showtime X-Men VH1 FXX Comedy Central CNN Spike Cosplay Hulu Awards Marathons Lucasfilm Set visit Polls and Games adventure mutant 45 GLAAD Creative Arts Emmys binge HBO crossover Walt Disney Pictures crime Netflix Bravo boxoffice crime thriller SDCC composers TruTV Martial Arts period drama Kids & Family Cartoon Network Sci-Fi SXSW RT History PaleyFest Emmys politics Writers Guild of America TCA Year in Review Box Office docudrama The Arrangement FOX Pop Grammys singing competition Spring TV Extras DC Universe Winners Music TCM Food Network Mindy Kaling zombies American Society of Cinematographers Rocky See It Skip It ITV 2015 Sneak Peek DC streaming service First Look Watching Series streaming SundanceTV TNT Esquire Masterpiece Toys dceu Trailer spy thriller Infographic Sundance CMT APB finale USA Sundance Now ESPN TV Land Valentine's Day Musical NBC Unbreakable Kimmy Schmidt cooking Premiere Dates Horror GoT Photos comiccon golden globes Interview 20th Century Fox Video Games Fox News Crackle Musicals Pirates History FX Tomatazos Fall TV Columbia Pictures Rom-Com technology Country festivals TIFF discovery Winter TV Ellie Kemper NYCC YouTube Premium Sony Pictures MTV TBS Holidays Superheroe E3 ABC Family crime drama DirecTV cinemax zombie USA Network Oscars Comedy Disney Channel science fiction CW Seed Logo dramedy Syfy IFC Films Red Carpet Fantasy Star Trek 007 Countdown IFC El Rey Shondaland travel Reality Competition Superheroes hist ABC Reality social media Rock Mystery Starz cops Britbox PBS Comic Book Certified Fresh what to watch Western Freeform Marvel Nat Geo Apple Best and Worst Thanksgiving Lionsgate romance 24 frames National Geographic based on movie Paramount Network DC Comics Mary Tyler Moore The CW TV YA TLC Podcast Trivia ratings Super Bowl Teen VICE Dark Horse Comics CBS Disney WGN President justice league 2017 BET GIFs Christmas aliens Summer Action BBC America Lifetime Universal medical drama historical drama cats LGBTQ robots BBC AMC unscripted Nickelodeon Opinion Animation 2016 psycho 21st Century Fox Ghostbusters Warner Bros. Tumblr E! Amazon Star Wars harry potter Drama political drama Pixar MSNBC sitcom CBS All Access