Thursday, January 19, 2006

Disney to buy Pixar?

Hey, I heard on the radio this morning that Disney is looking to buy Pixar. I'm having trouble seeing the good in this... anyone else out there know anything about it?

3 comments:

Mr Goodson said...

That was in a company addressed email today. Since we do PIXAR IP games it was very interesting. It didn't start much of a thread. Todays big thread was on rascism in WOW. Something about Chinese Gold sellers being targeted with slurs. Or something. I think it would be a horrid idea for PIXAR to end up a Disney property. Steve Jobs becomes one of Disney's biggest shareholders at that point. Does that mean he becomes the next Eisner? I imagine the deal would state that Pixar had some sort of autonomy. So, what would an insider trader do? Sell or buy pixar stock?

Skribbl said...

There was a similar e-mail floating around work today too. I think that the deal will go through. Jobs will be on the board. Don't know if he will take any position at the Mouse House. I wouldn't. He's got a pretty sweet deal going right now. I read somewhere that Disney stock actually dropped when Wall Street heard about the possible rumor. I know nothing about stock so don't ask me.

Tom Moon said...

I haven't heard too much about it except for rumors. It all depends on the details of the deal. I would guess that the guys at Pixar are too smart to close a deal without very favorable terms: a huge amount of cash up front, creative independence, a greater slice of the pie. It's probably stuff they have wanted all along but now they have the leverage to get it. I think there's a great deal of possible good that could come out of this: Disney's deep pockets combined with Pixar's creativity. I don't view the Pixar group as wanting to just cash in for a huge amount of dough, then let the company go to pot and turn out schlock from then on.