Steve Jobs to Remain on Disney Board

[MacRumors]

Steve Jobs will remain on the board of directors at The Walt Disney Company, according to Bloomberg TV.

Jobs owns more than 7 percent of Disney from its acquisition of Pixar in 2006 and received a seat on the board in that deal.

Article Link: Steve Jobs to Remain on Disney Board

 

[MBP13]

Maybe he'll be able to attend board meetings now? I remember reading an article that said Steve only was able to make a few meetings in the past years.

 

[Xenomorph]

It's strange thinking about how big Jobs is with Apple, and then hear he owns almost a tenth of the entire Disney empire.

 

[vitzr]

It's a good fit...

 

[MacFan782040]

I wonder if they planned to release his resignation notice on Tuesday, but due to the Earthquake news they PPD it until the following day.

 

[Ugg]

It's strange thinking about how big Jobs is with Apple, and then hear he owns almost a tenth of the entire Disney empire.

It's mind boggling. I think there were some fears that Apple and Disney would somehow merge but Steve never saddled Apple with acquisitions that didn't fit with Apple. He kept his eye on the ball.

Lasseter is Pixar and when he goes, I wonder what'll happen to Pixar movies.

 

[oliverfrancis]

although steve has his many ways with disney he still keeps his head in the apple game which shows what a great man steve really is, even though being the former CEO of apple he still managed to apprehend a important role in the disney company. Now he might have more time to attend more of disneys meetings and have more of a say in disney....

 

[rdowns]

I wonder if they planned to release his resignation notice on Tuesday, but due to the Earthquake news they PPD it until the following day.

I doubt it. I'd bet they would have loved the story to be overshadowed by other breaking news.

 

[Rayday]

I think there were some fears that Apple and Disney would somehow merge but Steve never saddled Apple with acquisitions that didn't fit with Apple.

I had only hoped that he would have saddled Disney with Apple. I'm tired of having my young children wanting a Disney game that doesn't work on a Mac.

A quick look at Amazon (http://www.amazon.com/Disney-Software/b?ie=UTF8&node=779550) and you can see a mishmash of games that are not Mac compatible. To a 4 year old, it doesn't matter that 75% are Mac compatible, it only matters that the one game they want, doesn't work.

And to preempt the "just BootCamp into Windows" posts, I don't want to buy Windows, partition my drive, reboot or install Parallels, buy Windows, have a 40 GB file on my HD, wait for it to load, etc..... just to play "Disney's Magic Artist Deluxe".

I was hoping that Steve could have spurred Disney developers to invest time in building Mac games too.

 

[nylonsteel]

re original article
7% doesnt sound like much - but translates to a heck of alot of shares of stock - plus he holds a seat on the disney board
btw - one of the actual tinkerbells that fly over disney everynight was a playmate of mine - she was a fun one...

 

[accessoriesguy]

iPads at disneyland!
come on, we were all thinking about it

 

[GGJstudios]

re original article
7% doesnt sound like much - but translates to a heck of alot of shares of stock

That 7% is a big deal. It's why Steve has been able to take an Apple salary of $1 per year.

Steve's Apple stock:

0.6% of outstanding shares
5.426 million shares
Current value: $2.015 billion
Dividend income per year: $0​

Steve's Disney stock:

7.3% of outstanding shares
138 million shares
Current value: $4.416 billion
Dividend income per year: $220.8 million​