Pixar's Board Says Yes to Disney

by | January 24, 2006 | Comments

Pixar’s board of directors has approved Disney’s offer to acquire the company for $7.4 billion, the Los Angeles Times reports. Under the deal, Pixar CEO Steve Jobs will join Disney’s board and will become the combined company’s largest shareholder. John Lasseter, the director of "Toy Story" and Pixar’s chief creative officer "will be chief creative officer of both animation studios and will advise Walt Disney Imagineering on the design of new attractions for Disney theme parks." Pixar’s shareholders must still approve the deal however.

"Disney and Pixar can now collaborate without the barriers that come from two different companies with two different sets of shareholders," Jobs said in a statement. "Now, everyone can focus on what is most important, creating innovative stories, characters and films that delight millions of people around the world."

The distribution agreement between the two companies is to end with the forthcoming "Cars."

Tag Cloud

The Arrangement mission: impossible scorecard high school AMC Marvel batman scary Awards Red Carpet IMDb TV HBO Max Western MTV medical drama trophy boxing Brie Larson Alien 71st Emmy Awards Amazon Prime Video animated italian adenture critics 2021 trailers Legendary E3 007 Star Wars Amazon Studios Binge Guide Bravo 2017 miniseries target Writers Guild of America Super Bowl CMT TBS what to watch spanish language series DC Universe See It Skip It kong History composers Mudbound Summer elevated horror SXSW fast and furious a nightmare on elm street WarnerMedia Martial Arts Trophy Talk Tarantino mob Cannes Holiday telelvision scary movies die hard Stephen King Netflix hispanic heritage month renewed TV shows Instagram Live comics Set visit Women's History Month NBC game of thrones YA hispanic Spike Superheroes TCM First Look adventure ghosts Nominations dreamworks golden globes anime Baby Yoda Polls and Games Spring TV docudrama nfl legend USA Network concert Watching Series social media OWN football mcc Pacific Islander Marvel Studios IFC new star wars movies children's TV space broadcast harry potter Nat Geo Elton John hidden camera marvel comics Neflix Indigenous werewolf Television Academy Anna Paquin 2015 CBS All Access Sci-Fi rt archives Walt Disney Pictures television DirecTV The Witch Unbreakable Kimmy Schmidt Apple blaxploitation olympics Oscars Apple TV+ Photos Shondaland vs. TV movies video saw Thanksgiving Geeked Week lord of the rings game show Quiz Hallmark Video Games Marvel Television Animation laika E! casting A&E king kong comiccon best natural history Winter TV The CW Shudder crime thriller TCA joker women interviews Paramount Network Best Director VOD reboot Lifetime Best Picture ratings Grammys finale NBA international Exclusive Video PaleyFest The Purge YouTube Premium Tumblr cancelled TV shows political drama halloween 2016 comic book movies serial killer NYCC TV renewals screenings Toys leaderboard sequel monster movies witnail 21st Century Fox Rom-Com know your critic disaster Chilling Adventures of Sabrina breaking bad posters El Rey Paramount Pictures Comic Book Netflix Christmas movies Black Mirror live action Tomatazos rotten Tags: Comedy Marathons tv talk Opinion The Academy worst movies Disney streaming service historical drama IFC Films cars obi wan book cooking Pop canceled TV shows Hollywood Foreign Press Association Universal Pictures National Geographic justice league Song of Ice and Fire Rocketman CNN GLAAD documentaries jurassic park TCA Awards WGN FOX docuseries technology 78th Annual Golden Globe Awards cartoon comedies ABC Family 90s comic Black History Month jamie lee curtis theme song versus movie Disney Channel Awards Tour PBS foreign Food Network hollywood Image Comics target scene in color Rock zombies cancelled TV series The Walking Dead heist movie APB Esquire rom-coms unscripted Pride Month toy story Pet Sematary chucky PlayStation debate spanish new york child's play Podcast Paramount aapi Lifetime Christmas movies HBO ESPN james bond HFPA remakes video on demand ABC Signature all-time green book Best Actor king arthur San Diego Comic-Con Comedy Central prank Mary poppins 79th Golden Globes Awards Fargo Ellie Kemper Certified Fresh scene in color series news christmas movies Academy Awards dark travel latino Starz french new zealand rotten movies we love Syfy Sneak Peek indiana jones Film TNT Sundance Now psycho Disney+ Disney Plus cops spider-man ITV Wes Anderson comic book movie Christmas universal monsters directors 94th Oscars Showtime LGBT Disney Plus dragons basketball MSNBC AMC Plus TruTV blockbuster kids 2019 scene in color film series 73rd Emmy Awards gangster Lucasfilm supernatural ID VH1 Hallmark Christmas movies razzies SDCC twilight golden globe awards OneApp Horror worst Ghostbusters streamig Disney cinemax South by Southwest Film Festival crossover BET Awards Endgame Emmys films sports The Walt Disney Company richard e. Grant USA japan kaiju Avengers free movies FX reviews Best and Worst Rocky 20th Century Fox Cartoon Network festivals Schedule Character Guide rt labs Television Critics Association Mary Tyler Moore Holidays Tokyo Olympics DC Comics Oscar adaptation halloween tv Broadway BET Heroines sopranos singing competition criterion discovery war south america TV One hist Teen BBC America CW Seed independent godzilla true crime Star Wars Celebration Sony BBC One strong female leads politics YouTube Red Comedy 93rd Oscars Trivia Sundance TV Warner Bros. BAFTA stop motion Fantasy streaming black A24 SXSW 2022 binge based on movie 2020 suspense Trailer Adult Swim X-Men stand-up comedy Pirates scene in color talk show biography black comedy Amazon Box Office transformers Star Trek Best Actress Ovation dogs franchise aliens MCU YouTube spy thriller sequels Arrowverse science fiction Music indie superman Crackle BBC anthology Mindy Kaling Infographic romance Turner Prime Video superhero 45 DC streaming service Reality Competition Countdown young adult streaming movies action-comedy Kids & Family Extras Acorn TV Fox News Classic Film satire screen actors guild LGBTQ documentary Columbia Pictures Turner Classic Movies Year in Review critic resources Epix book adaptation TCA 2017 TCA Winter 2020 VICE Creative Arts Emmys archives blockbusters mockumentary spider-verse Funimation crime quibi TLC nature Focus Features Calendar police drama 72 Emmy Awards Comic-Con@Home 2021 summer TV wonder woman parents biopic TIFF cats robots live event teaser Cosplay japanese australia Tubi spain Masterpiece Film Festival Paramount Plus sag awards pirates of the caribbean emmy awards MGM Fall TV Apple TV Plus Peacock cults period drama classics zombie movies Amazon Prime award winner thriller deadpool art house 99% Travel Channel TV Land fresh Discovery Channel rt labs critics edition stoner genre Lionsgate Spectrum Originals American Society of Cinematographers nbcuniversal TV Sony Pictures Hear Us Out 24 frames Freeform Emmy Nominations Fox Searchlight revenge slasher name the review CBS zero dark thirty Universal Mary Poppins Returns psychological thriller mutant vampires spinoff feel good FXX RT21 dexter canceled FX on Hulu GoT GIFs Pixar Musical Chernobyl venice Captain marvel cancelled television sitcom Drama Native Hulu 2018 SundanceTV toronto Vudu Country Reality HBO Go Logo RT History ABC Biopics dramedy Superheroe asian-american 1990s Premiere Dates New York Comic Con ViacomCBS Election President Comics on TV Valentine's Day comic books Mystery slashers dc festival boxoffice Nickelodeon 4/20 popular crime drama Winners Crunchyroll DGA First Reviews doctor who Britbox Musicals Dark Horse Comics romantic comedy Family facebook Action dceu Interview marvel cinematic universe Pop TV diversity summer preview Sundance summer TV preview obituary cancelled royal family