Steve Jobs, chairman and CEO of Pixar, has indicated that he might be willing to sell the company for the right price. The 50% owner stated in a published report that he was willing to consider selling to “two people with knowledge of the talks” to extend the studio’s current relationship with distributing giant Disney. According to CNNMoney, Jobs is looking for a strong return on the sale and would also be open to an offer from Disney. Any sell of Pixar however would be based on the best deal for the company and not Jobs’ new found working alliance with Disney’s new CEO Bob Iger, with whom his other company Apple Computer recently signed a deal to distribute some of its shows on iPods. This news comes just days before the November 4th release of Chicken Little, Disney’s first solo, all CGI production that analysts expect will give leverage in the negotiations to either Disney if the film is a hit or Pixar if the movie flops. Either way, experts anticipate daily talks between the two companies should resume in mid-November and could be wrapped up by the first of the year.
Pixar for sale?