Times Online reports Steve Jobs is in talks to sell Pixar to Disney for $7 billion.
Mr Jobs, who would take a seat on the board of Disney, built Pixar into a multibillion-dollar film-maker, having bought the computer graphics division of George Lucas’s Lucasfilm for $10 million in 1986. The investment is now worth about $3.5 billion, with Mr Jobs owning a little more than 50 per cent of Pixar.
Wall Street speculates that Steve Jobs may even become the next chairman of Disney as the current chairman, Senator George Mitchell, is planning to step down later this year.
Another interesting snip from the article is that Apple is allegedly working on new iPods with support for wireless Internet.