Mac360 Easy Search
Enter your search keywords below »

Mac360 Power Search
Click below for advanced search options »
Mac360 Archives
By Month, All, Category

Latest Mac Reviews Mac360 Forums New Encore Reviews
Home  »  News & Commentary  »

Jobs, Pixar Swallow Disney In $7.4B Mega Deal.

DisneyWhat’s next? Microsoft to dump Windows Vista for Ubuntu Linux? We live in the best of times, the worst of times.

For Steve Jobs and companies, it’s the best of times, and deja vu all over again. What’s good for Jobs is good for Apple and the Mac, right?

The particulars of the deal with Disney are strikingly simple, and remarkably similar to Jobs’ takeover of Apple Computer (again) starting in late 1996, and ending with complete control in mid-1997.

Basically, Pixar sells itself to Disney for $7.4-billion in stock. Back in 1996, Apple announced it was buying Steve Jobs’ struggling computer software company, NeXT. Based on the outcome, NeXT swallowed up Apple.

Jobs is Pixar’s largest shareholder, and since the deal is stock only, Jobs becomes Disney’s largest shareholder, gets a seat on the Disney board of directors, and gets a chance to relive deja vu all over again (with apologies to Yogi Berra).

In mid 1997, when Jobs completed his “purchase” of Apple Computer, he installed his left and right and backup people. Avie Tevanian, Jon Rubenstein, and others. They worked hard, made tough decisions, got a few breaks, lost a few battles, but righted the ship and sailed into the sunset.

Accept my apologies for the metaphorical mixture, but I’m trying to fathom the possiblities for the next few years. Disney. Apple. Think different.

Steve Jobs’ trusted Pixar President Ed Catmull becomes president of the new combined Pixar and Disney animation studios, and report to Disney head Robert Iger. Dick Cook remains as chairman of The Walt Disney Studios.

Pixar Executive VP John Lasseter will become chief creative officer of the animation studios and principal creative adviser at Walt Disney Imagineering, which handles Disney’s theme parks.

Uh oh. Pixar’s key people are in all the right places. What about Steve Jobs? Well, he still has his day job at Apple, but he’ll keep a part time gig as a member of Disney’s board.

Does anyone else see the same historical precedent as me? Jobs was ousted at Apple, starts up NeXT, buys Pixar, gets bought by Apple, now runs the show.

Jobs gets into a tussle over Pixar’s future with Michael Eisner, former head of Disney. Jobs raises a lot of noise, threatens divorce, Eisner retires, in comes new guy Robert Iger (played by Gil Amelio, head of Apple back in 1996 and early 1997), and everyone begins to make nice nice and kiss kiss.

How long before it becomes apparent that Disney was really swallowed up by Pixar, Jobs, and friends? And what of it?

What should we expect from Disney, the entertainment goliath? And what of Steve Job’s position on the Disney board? What’ll happen? Closer ties to Apple? Poor Gil Amelio brought in Steve Jobs as an “advisor”. What do board members do for CEO’s? Advise, right?

Apple wants to own the digital entertainment distribution market and they’re moving quickly in that direction with the success of the iPod. Disney can help Apple get there with content, Hollywood connections, distribution deals, and much much more.

Will Mickey Mouse and Donald Duck finally show up on the movie list in the iTunes Music Store? Is the Pixar-Disney deal simply a repeat of Jobs’ takeover of Apple in the last century. History repeats itself, you know.

What I expect of this is simple. Content for Apple. Another distribution outlet for Disney’s huge portfolio of content. Content is king. The ball is rolling forward at an increased speed.

More content. More products from Apple that hold, store, manage, display, play that content. The year is yet young and Pixar finally cashes in with a great liquidation event. Disney’s looking shrewd. 2006 looks like another good year for Apple, too.

What of Microsoft? Windows Vista? Who? What? you ask? Me, too.

Tera Patricks
One thing to note here, is that Steve and Pixar are trading a very expensive entertainment stock that’s flying high-- for a stock that’s in the doldrums and trading low. Watch Disney stock soar over the next few years. The rich get richer.

Jack D. Miller
Floodgates. They’re open now. Video content will come roaring through and other studios and networks will get on board as Apple becomes both the distribution giant, and a player giant.

Alexis Kayhill
Anybody remember a company called Sony? They produced players and movies and TV shows.

Check out the daily list of our 9 Word mini-Reviews at NoodleMac, and Kate's daily in-depth Mac software reviews at PixoBebo.

Off Topic #6 - The MacHeist is back. In case you missed it a few months ago, MacHeist is a great way for Mac users to get 12 top Mac applications and utilities for $49. Many of these have been reviewed on Mac360, so we highly recommend that you take a look. The value, what you get for what you pay, is remarkable. Click Here to look, buy, download.

Off Topic #23 - Mac OS X Leopard is now at version 10.5.2 which we’re proclaiming the best yet, though we expect version 10.5.3 soon. If you haven’t upgraded yet, don’t forget that Leopard is on sale at the Mac360 Store, and so are the latest Leopard books. If you plan to order Leopard or a Leopard tips book from Amazon, please consider using the Mac360 Store to place your order (it’s really Amazon). Click Here to look at the latest Leopard books.

   • Article by Bambi Brannan • Published on Tuesday, January 24, 2006
   • Category: News & Commentary • 10 Reader comment(s) • Email This • Digg This • Shop Now
  Page 1 of 1 Page(s) for this article.
     Back To Top

Talk Back to Mac360 and post your own comment

Your comment may be anonymous if you want (it's OK to use a cute name, or something everyone can remember). An email address is only required if you want to be notified of new comments by other posters, and is always shielded from email spam harvesters.

We moderate the comments, so keep it on topic, relevant, worthy, and funny. Or, pick any two. Yes, SPAM links will be deleted, so don't even think about it.

Talk back and enter your comment below:
Your Name:
Your Email:(optional: needed only for comment notification)
Your Location:(optional: your city, state, country)

Enter Your Comment Below:
Remember my personal information?
Notify me of follow-up comments by email?

Please enter the Mac360 "Magic Word" from the image below:



     Back To Top
What's in the FORUMS?
Newest Daily Topics


Also in Mac360
Recent Articles