Looks like that great divorce between Pixar and Disney is about to get some Dr. Phil love and reconcile. The word is that the board of Pixar is meeting on Monday to vote on the $7 Billion Dollar (said in my best Dr. Evil voice) purchase offer. That’s a lot of mouse my friends.
How does the deal break down? Will Steve Jobs still have control of the company? The good folks over at Digital Spy give us this:
The deal will make Steve Jobs – who created Pixar in 1986 – Disney’s largest shareholder. The Apple boss created Pixar with a $10m purchase of the computer animations division of Lucasfilm. He will make around $3.5bn from the deal.
I’d say making over 30x your investment isn’t a bad day at the office. Good grief. My mind can’t even comprehend that number!
The 2 big questions I have about this are:
1) Will the current Pixar brain trust still have creative control without Disney interference when it comes to making their movies? Pixar has already shown it’s film beat the Mouse House by a MILE when it come to quality of their films.
2) Most importantly at this point… does Pixar take over the Toy Story 3 project from the Disney in house team? If so, that in my books makes this whole deal worth it (as a fan that is).
If any of you know the answers to these questions, please let me know. Cheers!