From The Hollywood Reporter: Disney buying Pixar for $7.4 billion The Walt Disney Co. said Tuesday it is buying longtime partner Pixar Animation Studios Inc. for $7.4 billion in a deal that could restore Disney’s animation domination while vaulting Pixar CEO Steve Jobs into a powerful role at the media conglomerate. Pixar president Ed Catmull will serve as president of the new combined animation studios.

ANIMAX is very happy about this as Disney has been a great client of ours. Exciting times.