usmsci
01-25-2006, 08:59 AM
It appears that is has happened: http://corporate.disney.go.com/news/corporate/2006/2006_0124_pixar.html
Now will pixars movies get worse? or does Disney take it over and keep pixars talent and the movies get better? how much of pixars quality is going to want to work for Disney? A good thing to be optimistic about is that John Lasseter will be Chief Creative Officer of the animation studios, who is the creative being behind all these great animations done by pixar in the past.
This really ticks me off. everywhere i read the reason for this is always, "its for the shareholders best interest" or "its all about business". Well thats all fine and good but what about the consumer? If the consumer is the one making the CEO's and the shareholders happy and rich by flocking to these animations in droves and then going out and buying the DVD's when they come out shouldnt these moves be in part to cater to the consumers interest?
I am encouraged that this is a "stock buyout" and not a merger. The difference being that in a merger, A buys B and B dissapears. In a stock buyout, A buys B and both remain as different operating entities but they are a singular financial entity. This means that the CEO of Disney probably has very limited power if no power at all over Pixar. Only the board of directors have power over Pixar.
Now will pixars movies get worse? or does Disney take it over and keep pixars talent and the movies get better? how much of pixars quality is going to want to work for Disney? A good thing to be optimistic about is that John Lasseter will be Chief Creative Officer of the animation studios, who is the creative being behind all these great animations done by pixar in the past.
This really ticks me off. everywhere i read the reason for this is always, "its for the shareholders best interest" or "its all about business". Well thats all fine and good but what about the consumer? If the consumer is the one making the CEO's and the shareholders happy and rich by flocking to these animations in droves and then going out and buying the DVD's when they come out shouldnt these moves be in part to cater to the consumers interest?
I am encouraged that this is a "stock buyout" and not a merger. The difference being that in a merger, A buys B and B dissapears. In a stock buyout, A buys B and both remain as different operating entities but they are a singular financial entity. This means that the CEO of Disney probably has very limited power if no power at all over Pixar. Only the board of directors have power over Pixar.