Today the Disney board approved an offer to buy Pixar for about 7 billion dollars.

This give Steve Jobs, the CEO of Pixar (and Apple) a 7% share of Disney. This makes him the largest individual stock holder. It also could mean some big changes in how entertainment is delivered. The creativity of Jobs and Disney CEO Iger could make a very interesting story.

The terms include giving Jobs an estimated 7% stake in Disney and letting Pixar’s top creative executive, John Lasseter, have a key role in advising Disney in creative matters.

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