Steve Jobs to Sell Pixar and Join Disney Board?
mikeisme77 writes "According to the Washington Post, Pixar Studios is in discussions with Disney for a possible merger/buy out. Disney would own Pixar in exchange for $6.7 billion worth of stock in the Walt Disney Corp. Speculation has also arisen that such a deal may lead to Steve Jobs earning a position on Disney's board of directors. He would likely become Disney's largest individual share holder. Further speculation sees Jobs using his new found power to leverage Disney into releasing more content to the iTunes media service." Details also available from the Time Magazine site. We touched on this issue near the end of last year as well.
The fact that John Lassetter had politely asked Jobs to stay out pixars day to day work was the beginning of the end for Pixar. Jobs doesnt care about Pixar one bit. He knows they dont like him there, so they're just a cash cow for him.
Jobs wants control of everything that he is involved with. Steve was not welcome at Pixar and had no control over them. Lassetter wanted nothing to do with Job's crazy ways.
Now Jobs is willing to dump pixar for some control over disney. He still wont be welcomed at Pixar.