Disney to buy Pixar for 7.4 Billion

CNN is reporting that Disney is buying Pixar for $7.4 billion, confirming lots of speculation as of late. Jobs will join the board of Disney while John Lasseter, the creative spirit behind Pixar, will become chief creative officer for the combined animation studio. I hope this means only good things for Disney, and no bad things for Pixar. Only time will tell.

More details as they become clear.
This article was originally published on Tuaw.