Tuesday, January 24, 2006

Looks like Disney set to buy Pixar

It seems as though the Disney board approved a deal for Disney to buy Pixar Animation in an all day meeting yesterday.

So, as Disney gets out of radio, they're about to jump into high tech animation. Mickey must be dazed! And it seems the board have also approved Jobs as their largest shareholder with around 7% of the equity, dependent on the final price of the deal, and becoming a board member.

So, it looks like the next generation of Disney will be marked by the Iger/Jobs double act. Expect Disney to fast become the leading technology driven media company and expect Apple to get into entertainment PC's.

And that's the least of it. But it's the beginning of yet another era in the 21st century's media revoltuion.

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