Disney

“Steve's, Steve's rejected Jeffrey's logic that since Disney was investing in Pixar's first movie, it deserved to own our technology as well. You're giving us money to make the film, Steve said, not to buy our trade secrets. What we brought here was our technic…”

“Steve Jobs was the single largest shareholder in Pixar. And after this deal, another interesting fact was that that made Steve Jobs the single largest individual shareholder in Disney.”

“And a few months later, as if on cue, Eisner calls, saying that he wants to renegotiate the deal and keep us as a partner. He accepted Steve's offer of a fifty-fifty split.”

“Disney had originally wanted Toy Story II to go straight to video, and they did that not because that's gonna engender the highest quality product. They did that because they were making so much money selling like VHS and I think DVDs at this time.”

“CBS's market capitalization was 16 times the size of Capital Cities. But by the time Murphy sold his company to Disney 30 years later, Capital Cities was three times as valuable as CBS.”

“Well, if you had invested a dollar with Tom Murphy as he became CEO in 1966, that dollar would have been worth 204 dollars by the time he sold the company to Disney.”

“He was the sole shareholder. The only shareholder in Lucasfilm when he sells it to Disney for over four billion dollars.”

“Disney found that it could raise prices a lot for the Disney parks and attendance stayed right up. So a lot of the great record of Eisner and Wells came just from raising prices at Disneyland and Disney World”

“Buffett bought Disney stock after meeting Walt Disney in 1966. He paid 31 cents a share. And sold when the stock went to a 48 cents a share.”

“The art of storytelling is very old, and no amount of technology can turn a bad story into a good story.”

“A few years ago, they released it on video and sold twenty eight million copies, making probably around a quarter billion dollars of profits 60 years after its initial release.”