Advancing its strategy of developing outstanding creative content, Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company announced today that Disney has completed its acquisition of renowned computer animation leader Pixar. In the all-stock transaction, 2.3 Disney shares will be issued for each Pixar share. The deal, valued at $7.4 billion, was announced in January.
The deal makes Steve Jobs — chief executive of Pixar and also of Apple Computer Inc. — Disney’s single largest shareholder, with a 7 percent stake in the company.
Dr. Ed Catmull, previously Pixar President, will serve as President of the new Pixar and Disney animation studios, reporting to Iger and Dick Cook, Chairman of The Walt Disney Studios. In addition, John Lasseter, previously Pixar Executive Vice President, will be Chief Creative Officer of the animation studios, as well as Principal Creative Advisor at Walt Disney Imagineering, where he will provide his expertise in the design of new attractions for Disney theme parks around the world, reporting directly to Iger. Steve Jobs, previously Pixar Chairman and CEO, has joined Disney’s Board of Directors as a non-independent member. With the addition of Jobs, 11 of Disney’s 14 Directors are independent.
“For the last 15 years, Disney and Pixar have shared one of the most successful partnerships in entertainment history,” Iger said in the press release. “From ‘Toy Story’ through ‘The Incredibles,’ the success of these animated films was due to the creativity, innovation and immense talent of the phenomenal Pixar team, led by Steve, Ed and John. We also fully recognize that Pixar’s extraordinary record of achievement is in large measure due to its vibrant creative culture, which is something we respect and admire and are committed to supporting and fostering in every way possible. As we begin the next chapter, all of us at Disney are pleased to welcome the incredibly talented Pixar team to our Company to continue to create quality entertainment for audiences to enjoy around the world.”
Shares of Walt Disney climbed 69 cents, or 2.4 percent, to close at $29.09 on the New York Stock Exchange. In after-hours trading, Walt Disney shares climbed 8 cents to $29.17.
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Judas died in my place.
Macman-
mac user 47 is right, you got the ending wrong. Go talk to Dan Millman some more, he had trouble with that story too.
It was originally the “10 Old Men of Animation,” until veteran animator Art Babbitt got into a fistfight with Walt during the animation strike of the 1940s.
Damian: “I just hope Disney don’t screw up Pixar.”
Not to worry. Disney dumped Andrew Stanton from their roster of dead weight.
mac user 47: All’s well that ends well.
BTW: Jesus knew in advance of his crucifixion that he was able to revive himself (he had already raised the dead). So knowing that in advance certainly lessened the impact for him.
So can someone tell me what the link between Steve Jobs @ Pixar and The Messiah is?
On second thought, don’t answer that. Too obvious
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So can someone tell me what the link between Steve Jobs @ Pixar and The Messiah is?
On second thought, don’t answer that. Too obvious
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So can someone tell me what the link between Steve Jobs @ Pixar and The Messiah is?
On second thought, don’t answer that. Too obvious
” width=”19″ height=”19″ alt=”grin” style=”border:0;” />
So can someone tell me what the link between Steve Jobs @ Pixar and The Messiah is?
On second thought, don’t answer that. Too obvious
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wonderboy…
Uhm… no. Try that on yourself: Let yourself know that you are going to slam your head into a wall and then go ahead and do it… Tell me if it hurts less than if didn’t know in advance.
mac user 47: Some physical pain — OK, agreed. Maybe….
Don’t forget he had already demonstrated that he could heal the sick — probably healed their pain, too since that’s usually part of it.
Did he use that ability on himself? I certainly would — and I have to assume that he was at least as intelligent as I am.
So maybe all these “suffering” stories that seem to mostly get people into guilt trips need to be reconsidered in light of his demonstrated ability to perform miracles.
Which is it. Did he have the power of performing miracles — or not?
First, Who the hell is Dan Millman? The story is an old Taoist story.
Second, Lightivity: I’m not the one who comparing Pixar’s merger with an accidental death. That’s other people. I didn’t even mention an accidental death.
Third, we look at events as bad at one point in time, but later (hindsight 20/20) can turn out to be a good thing that happened. The opposite is true as well.
What if the story ended with instead of the military (keep in mind ancient Taoist origins time frame) passing by the son, they took the farm? The farmer would have said, everything was bad. The wise man would have still said the farmer was right.
The point is that everything that seen as good now can turn out to be bad later. Also, what is seen as bad now can turn out to be good later.
Yes, God can perform miracles. But the bible says he was fully man and experienced everything men do, including temptation, pain, etc…
Wonderboy, you sound like those ridiculing Jesus as he was being crucified:
Mark 15: “31 The leading priests and teachers of religious law also mocked Jesus. “He saved others,” they scoffed, “but he can’t save himself! Let this Messiah, this king of Israel, come down from the cross so we can see it and believe him!”
Matthew 27: 39 And the people passing by shouted abuse, shaking their heads in mockery. “So! You can destroy the Temple and build it again in three days, can you? Well then, if you are the Son of God, save yourself and come down from the cross!”
…as to your comment about “suffering stories”: It’s the ‘Gospel’ (Good News) because Jesus is Alive. You know, like Paul Harvey or something, “the rest of the story” is the key, and it’s in the bible.
Was the sale of Pixar to Disney a good thing? I don’t know. I’ll wait to pass judgement. If Pixar keeps their way of life and movie making, yes it will be a good thing. No stupid contract negiations and John Lasseter can set Disney Animation back on the right path.
If Disney decides that Pixar should be more corporate and gut it the way they gutted Disney Feature Animation – selling most of the old animation drawing tables – then the deal is a bad thing.
*On a side note, there is a rumor that a janitor decided to lock up just enough drawing tables for one hand drawn feature animation somewhere on the Disney lot in a storage shed.
mac user 47:
Wonderboy, you sound like those ridiculing Jesus as he was being crucified:
Not ridiculing Jesus — just challenging people’s (mis)interpretations of what the bible is really talking about and who and what the Supreme Being (the One who created the entire universe) really is and how we can have a realationship with Him.
The bible is like: “Relationship with God 101” and yet most “Christians” think it is the end-all and be-all of knowledge with respect to the Supreme. I’m not saying it is “wrong” — just very introductory and limited. Remember who it was written for — barbarians! People who would stone their neighbors to death in the street or crucify someone teaching outside the norm. Just barbarians. Believe me — the Supreme knows how to speak to His audience in relevant (to them) ways.
…because Jesus is Alive:
Fine, but not in the physical at this point in time (unless there’s something you’re not telling). And when people are only alive in the spiritual world (or whatever you want to call it) — that’s what we on earth refer to as being dead.
When a human dies — you probably believe that they go to heaven or hell. Fine — but they are “dead” because they are not living in a physical body — just in the spirit world. Unless we want to redefine these words and say that everybody who ever lived is not really “dead” — they’re still “alive” (just not in the physical world).
Therefore, in terms of the way our language is used, Jesus is NOT alive — he is dead. Just like everybody else who lived and died.
If you would like to continue this conversation off-board (and are willing to stay rational, as you have been) — let me know. These are important issues — but this is probably not the most appropriate venue.
Sincerely, wonderboy
Does this mean I can get tickets to Disneyworld as a perc for buying a new MacBook Pro?
Or will there be a “It’s a Mac World Afterall” ride?
MAN #1: I think it was ‘Blessed are the cheesemakers.’
JESUS: …right prevail.
MRS. GREGORY: Ahh, what’s so special about the cheesemakers?
GREGORY: Well, obviously, this is not meant to be taken literally. It refers to any manufacturers of dairy products.