Pixar is Bought by Steve Jobs
Today, January 30 is an important day in Disney movie history. On this day in 1986 Steve Jobs purchased the computer graphics division of George Lucas’ Industrial Light & Magic for $10 million and incorporated it as Pixar. Obviously at the time Disney did not own Pixar, they simply contracted them to create their movies. It wasn’t until 2006 (20 years later!) that Disney purchased Pixar from Steve Jobs for $7.4 billion, making Steve Jobs Disney’s largest single shareholder. To put $7.4 billion dollars into perspective for you, it would take Steve Jobs 4,277.2 days to spend all of the money if he were spending it at a rate of $20/ second, that’s about 1.7 million dollars a day!
Pixar as we all know is the animation studio that created classic movies such as Toy Story, Monsters Inc., Up, and Inside Out. In total Pixar has produced 17 films beginning with Toy Story in 1995 and their most recent film being Finding Dory which was released in 2016. We can also expect at least 4 more films from Pixar in the next few of years:
- Cars 3: June 16, 2017
- Coco: November 22, 2017
- The Incredibles 2: June 15, 2018
- Toy Story 4: June 21, 2019
I personally CANNOT wait for these to release, especially because the amazingly talented John Lasseter is producing Toy Story 4!
Which Pixar movie is your favorite so far?
The movies are in no particular order. Which movie is your favorite or which are you most excited to see?