Sunday, January 29, 2006

Jobs at Disney

Another interesting learning:

You have probably heard about the recent deal made by Disney to acquire popular CGI (that's Computer-Generated Imagery, in case you didn't know) movie maker Pixar. What you may not know is this: The deal was paid for entirely with Disney stock, and Steve Jobs (visionary, legend, and co-founder of Apple Computer), being founder and primary stockholder in Pixar (yes, this guy gets around) now owns between 6% and 7% of all Disney stock offerings. This makes him now the single largest individual holder of Disney stock and gives him a seat on their board of directors. In other words, the man who brought us the iPod is now also a leader in one of the biggest and most influential media entertainment companies in the world.

Not bad for a guy who dropped out of college to play with circuit boards in his parents' garage.

Check this article on Wikipedia. As usual, (Wikipedia just ROCKS!) it is a good comprehensive article about a very fascinating man.

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