Could this be the surprise Hollywood happy ending in which Nemo finds his way back to Disney after all? The lucrative tie-up between Pixar Animation Studios Inc. , creator of last year’s blockbuster animation hit ‘Finding Nemo,’ and the Walt Disney Co., which threatens to end after next year with the recent collapse of talks, might still be saved if Comcast Corp.’s bid to buy Disney is successful, some executives said Wednesday,” Ben Berkowitz reports for Reuters.
“Comcast took the $50 billion all-stock bid for Disney directly to the public after Disney Chief Executive Michael Eisner rejected proposals for a friendly merger earlier this week. ‘I have reason to believe that if Michael Eisner were gone, you could do a deal with Pixar on acceptable terms,’ Stanley Gold, a former board member and ally of Walt Disney nephew and fellow ex-board member Roy Disney, said on a conference call with investors. ‘I think (Comcast) or others could probably do that if Michael is gone,'” Berkowitz reports.
“Steve Burke, a former top Disney executive and now the president of Comcast Cable, said there was an opportunity for Disney to stay allied with Pixar if the merger was consummated. ‘We could potentially reignite talks with Pixar,'” Berkowitz reports.
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