Kids
Disney buys Pixar for $7.4 billion
MUMBAI: In a move that can only strengthen Disney’s hold on the animation sphere the media conglomerate has announced that it will acquire Pixar for $7.4 billion.
As part of the deal Disney’s own animation studio will be merged with Pixar. In the past Pixar and Disney made hits like A Bug’s Life, Toy Story and Finding Nemo. However there had been disagreements betwen former Disney chief Michael Eisner and Pixar CEO Steve Jobs. That had left the distribution of Pixar’s future films after the release Cars in doubt. However Robert Iger who took over from Eisner had been making serious efforts at mending the fences.
Pixar president Ed Catmull will serve as president of the new Pixar and Disney animation studios. Pixar’s creative lead, John Lasseter will be chief creative officer of the animation studios, and will also be an adviser in the design of new attractions for Disney theme parks around the world. Lasseter will report directly to Iger. Jobs becomes Disney’s largest shareholder in the company with a seven per cent stake worth a reported $ 3.5 billion.
Iger says, “With this transaction, we welcome and embrace Pixar’s unique culture, which for two decades has fostered some of the most innovative and successful films in history”.
Jobs says, “Disney and Pixar can now collaborate without the barriers that come from two different companies with two different sets of shareholders. Now, everyone can focus on what is most important, creating innovative stories, characters and films that delight millions of people around the world.”
Jobs and Iger spent a lot of time discussing how to preserve Pixar’s free-wheeling creative culture, which both described as the key to its unbroken box office success.
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Kids
Mukta Arts and Green Gold ink MOU to animate iconic film IPs
Kalicharan, Karz, Hero, Karma, Ram Lakhan to spawn animated shows plus features.
MUMBAI: When classic hindi movie meets animation, the result is a fresh reel of nostalgia with a cartoon twist. Mukta Arts Ltd. and Green Gold Animation have signed a Memorandum of Understanding (MOU) to collaborate on animated shows and feature films drawn from Mukta Arts’ four-decade treasure trove of iconic IPs. The partnership taps Mukta’s SGM Animation Studio launched in 2025 as its dedicated animation and games arm and Green Gold’s proven track record in building scalable, homegrown franchises. Creative teams from both sides have already kicked off discussions, with the first project currently in development.
The slate will draw inspiration from landmark Mukta films including Kalicharan, Karz, Hero, Karma, Ram Lakhan, Khalnayak, Saudagar and Iqbal, plus character-led spin-offs from those universes. The aim is to reimagine these stories for today’s young, global audiences while preserving their emotional core.
Green Gold Animation (home of Chhota Bheem) founder and CEO Rajiv Chilaka said, “This partnership with SGM Studios allows us to apply our experience in building long-lasting animation IPs to a truly iconic film catalogue. Together, we aim to create animated worlds that are rooted in these legendary stories, yet designed to connect with today’s young, global audiences.”
Mukta Arts Ltd. filmmaker and founder Subhash Ghai added, “Mukta Arts has always believed in creating stories with lasting emotional value. Through animation, we are extending our IP into a new medium for the next generation.”
In an industry where timeless tales never go out of fashion, this collaboration promises to bring beloved characters back to life with a modern, animated glow proving that some stories are too good to stay in live-action. Stay tuned for the first animated frame to drop.
