Disney buys Pixar

January 24, 2006

pixar-disney-buy.jpgWalt Disney announced today that it would buy Pixar Animation Studios in a $7.4 billion deal that gives Pixar animators creative control and makes Pixar CEO Steve Jobs one of Disney's largest shareholders. Additionally, Disney will also hand over its own animation studio to Pixar.

As long as Disney is able to resist the urge to start exercising creative control, this should be an awesome move for both parties. Pixar gets to keep making the best animated films in the world, and Disney gets to, uh, receive money.

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Read More: animation, pixar
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