It was so far only rumors, it is now official. Disney has convinced Steve jobs to sell the Animation Studio Pixar to Mickey Mouse. (worth 7.4 billions US$ via a share exchange procedure).
But knowing Steve Jobs' skills for business, he has probably defined conditions, and we can now see the results:
- Steve Jobs is now the largest individual Disney shareholder (3.7 billions US$).
- Pixar team takes leadership positions: Ed Catmull ex-Pixar President becomes President of the new Pixar and Disney Animation Studio. Other ex-Pixar managers take control of the Creative Division of the new entity.
- All animation movies will be produced by the ex-Pixar team. So one can ask which company is really profiting the most of this merger...
Couple of hours later, many Disney video contents are available on the European iTMS...
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