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January 26, 2006

Disney buys Pixar: Keep the great movies coming

Disney has agreed to purchase Pixar Animations for $7.4B.  That’s a lot of money, but when you consider the success that Disney/Pixar films have had over the years, it may be a good deal.  Disney and Pixar created Toy Story, Toy Story II, Finding Nemo, The Incredibles, Bug’s Life, and Monster’s Inc.  These are widely considered some the best animated kid’s movies in the last 15 years (along with Shrek and Shrek II).  They also made a lot of money at the box office and in video and dvd sales.

The next movie due out from Disney and Pixar is Cars.  Cars may very well have been the last movie for the partnership as well, but now we should be enjoying many Disney Pixar movies to come.  It also means that Disney will have the rights to all the Pixar characters.  So we will probably get to see more Pixar characters atDisneyland and Walt Disney World as well as new attractions and rides for the parks.

The purchase was announced January 24, 2006.  Once the deal is final, the animation studios can start to work together to, hopefully, create many more great family movies.



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