$7,400,000,000.00 for Buzz Lightyear and friends, thats a lot of zeros. With this acquisition, Disney insures its leadership in the animation world. It also adds to the digital library for Disney. When compared to the other players in digital entertainment (Fox, CBS, Viacom, and NBC), Disney is a leader in digital content distribution. In Oct of ’05, Disney started distributing video content on iTunes storefront and now combined with Pixar, they are leading the entertainment content on iTunes. Now that Steve Jobs is now in bed with Disney and Apple, I wonder what new consumer products can come of leaders of content and consumer products.
–and so it goes.
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