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January 24, 2006
Disney to Acquire Pixar
Pixar went for $7.4 billion buzz lightyears! geeez.
see also:
Toy Story 3 is no longer being made by the Circle 7 crew at Walt Disney Feature Animation... and if it will be, it will be done by Pixar."With this transaction, we welcome and embrace Pixar's unique culture, which for two decades, has fostered some of the most innovative and successful films in history. The talented Pixar team has delivered outstanding animation coupled with compelling stories and enduring characters that have captivated audiences of all ages worldwide and redefined the genre by setting a new standard of excellence," Iger said. "The addition of Pixar significantly enhances Disney animation, which is a critical creative engine for driving growth across our businesses. This investment significantly advances our strategic priorities, which include - first and foremost - delivering high-quality, compelling creative content to consumers, the application of new technology and global expansion to drive long-term shareholder value."
see also: Disney buying Pixar for $7.4 billion from the hollywood reporter.com
Posted by dschnee at January 24, 2006 12:47 PM
