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Pixar, others conspire to spoil Comcast bid

updated 08:25 pm EST, Thu February 12, 2004

Pixar, others v. Comcast


A string of America’s biggest media groups, including Pixar, the animation studio, and the troubled Time Warner, are examining counter offers for The Walt Disney Company in an effort to spoil , reports Times Online (U.K.). Pixar -- whose chairman is Steve Jobs (also CEO and founder of Apple) -- was involved in a joint venture with Disney until last week. Pixar is understood to be looking to form a consortium of financiers to counter Comcast’s bid.


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  1. MacNN.com Reader

    Fresh-Faced Recruit

    Joined: Jul 2001

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    02/12, 08:37pm | report spam | Reply |

    Coming soon...

    ApplePixarTimeWarnerMSNDisney

  1. MacNN.com Reader

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    02/12, 08:44pm | report spam | Reply |

    I don't get it

    Why would Pixar break ties with Disney, then try to prevent them from being acquired?

  1. MacNN.com Reader

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    02/12, 09:02pm | report spam | Reply |

    Booyah!

    Apple plays with the big boys, boys! Booyah! RIIIIIIPE, INDEED!

    Apple is RIPE to picked on by 10-15 big boys!!!!!!!!!!!!

    !!!!!ALL THESE EXCLAMATIONS!!!!!

  1. MacNN.com Reader

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    02/12, 09:07pm | report spam | Reply |

    Re: I don't get it...

    Reread it, Pixar is trying to get a group together to BUY Disney.

  1. MacNN.com Reader

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    02/12, 09:12pm | report spam | Reply |

    RIPE

    After the Pixar-Disney collaboration ended, Disney was RIPE for a hostile takeover by communications empire Comcast. RIPE I tell you.

  1. MacNN.com Reader

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    02/12, 09:49pm | report spam | Reply |

    Get it over with

    After years of rumors of the Apple-Disney-Pixar merger and Jobs being the CEO - none of the belieavable - and not all of this - just do it - merge them all together - and let Steve run all three of them - and put this never ending rumor to rest

  1. MacNN.com Reader

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    02/12, 10:16pm | report spam | Reply |

    Re: I don't get it

    Why would Pixar break ties with Disney, then try to prevent them from being acquired?

    They don't want Comcast to be the acquirer. Going to be interesting to see if a group can even be put together that will have enough financial firepower to offer more than the $62b (no drop in the bucket). Some of this seems to be aimed more at ousting Eisner as CEO. Pixar breaking ties with Disney was sort of the 2nd salvo of moves (the first was when Roy Disney and another board director resigned expressing their lack of faith in Eisner). There is always this sort of behind the scenes strategy when it comes to corporate power struggles (sort of like the time when Jobs was still a company advisor to Gil Amelio and made his move. Larry Ellison (Oracle) made noise about possibly being an interested buyer of Apple and then Jobs sold all but 1 share of the 1.4+ million shares he had to send a message to the board of directors as a vote of no confidence).

  1. MacNN.com Reader

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    02/12, 10:19pm | report spam | Reply |

    RIPE

    RIPE.

  1. MacNN.com Reader

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    02/12, 11:16pm | report spam | Reply |

    As long as

    They get rid of Disney's "In the Vault" idea I'm fine with whoever acquires them. Well, maybe, except for Microsoft.

  1. MacNN.com Reader

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    02/12, 11:34pm | report spam | Reply |

    remember NeXT?

    Apple brings Steve Jobs in as a consultant, buys out NeXT, and now Steve is running Apple. Can Steve and Pixar pull off a reverse-takeover of Disney? Sure.. it'd be Good Thing :)

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