Breaking: Deal final, Disney Buys Pixar
Just came across the wire on Yahoo. Disney purchases Pixar for $7.4 billion. Here’s the good news, John Lasseter will report to directly Bob Iger and work as Chief Creative Officer for Animation and Principal Creative Advisor for Imagineering. Current Pixar President Ed Catmull will move over to run WDFA as well. Pixar will remain located in Emeryville.
There will be an investor conference call at 5:15 that will be webcast at To listen to the
Webcast, turn your browser to www.disney.com/investors/presentations
or http://corporate.pixar.com.
Fallout to follow.
Here’s the whole press release (see below)
[ Tags: disney, pixar, animation, steve+jobs, bob+iger, computer+animation, emeryville, john+lasseter, walt+disney ]