Friday, January 20, 2006

Pixar, Disney deal could change digital landscape

"LOS ANGELES (Reuters) - A possible merger of the Walt Disney Co. <DIS.N> and Pixar Animation Studios Inc. <PIXR.O>, if successful, could give Pixar chief Steve Jobs the power to break down barriers that have long existed between online content, computer hardware and digital distribution.

The Wall Street Journal reported on Thursday that Disney was in talks to buy Pixar for $6.7 billion in stock, making Jobs -- who is chief of both Apple Computer Inc. <AAPL.O> and Pixar -- Disney's largest individual shareholder and possibly winning him a place on its board of directors."

Article: Washington Post

A possible merger of Pixar and Disney has the potential to make Apple and Pixar CEO Steve Jobs a very powerful media giant. I personally dont care if they merge. Disney is an evil corporation, but it makes kids happy.