Steve Job's Salary! FAIL.

Discussion in 'General Apple Chat' started by vbman213, Sep 18, 2009.

  1. vbman213

    vbman213 New Member

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  2. jpga13

    jpga13 Banned

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    That is his salary but have you never heard of Stock Options?
  3. jayjay960

    jayjay960 New Member

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    ...Steve Jobs works for Walt Disney?
  4. RedrumsSam

    RedrumsSam Member

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    Pixar and Disney

    In 1986, Jobs bought The Graphics Group (later renamed Pixar) from Lucasfilm's computer graphics division for the price of $10 million, $5 million of which was given to the company as capital.[38]

    The new company, which was originally based in San Rafael, California, but has since relocated to Emeryville, California, was initially intended to be a high-end graphics hardware developer. After years of unprofitability selling the Pixar Image Computer, it contracted with Disney to produce a number of computer-animated feature films, which Disney would co-finance and distribute.

    The first film produced by the partnership, Toy Story, brought fame and critical acclaim to the studio when it was released in 1995. Over the next ten plus years, under Pixar's creative chief John Lasseter, the company would produce the box-office hits A Bug's Life (1998), Toy Story 2 (1999), Monsters, Inc. (2001), Finding Nemo (2003), The Incredibles (2004), Cars (2006), Ratatouille (2007), WALL-E (2008) and Up (2009). Finding Nemo, The Incredibles, Ratatouille, and WALL-E each received the Academy Award for Best Animated Feature, an award introduced in 2001.

    In the years 2003 and 2004, as Pixar's contract with Disney was running out, Jobs and Disney chief executive Michael Eisner tried but failed to negotiate a new partnership, and in early 2004 Jobs announced that Pixar would seek a new partner to distribute its films once its contract with Disney expired.

    In October 2005, Bob Iger replaced Eisner at Disney, and Iger quickly worked to patch up relations with Jobs and Pixar. On January 24, 2006, Jobs and Iger announced that Disney had agreed to purchase Pixar in an all-stock transaction worth $7.4 billion. Once the deal closed, Jobs became The Walt Disney Company's largest single shareholder with approximately 7% of the company's stock.[11] Jobs's holdings in Disney far exceed those of Eisner, who holds 1.7%, and Disney family member Roy E. Disney, who held about 1% of the company's stock and whose criticisms of Eisner included the soured Pixar relationship and accelerated his ousting. Jobs joined the company's board of directors upon completion of the merger.
    Search Wikinews Wikinews has related news: Disney buys Pixar

    Jobs also helps oversee Disney and Pixar's combined animation businesses with a seat on a special six-man steering committee.


    Sorry, it was on the wiki link. lol
  5. jimbeam

    jimbeam Active Member

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    Billions! He's definitly deticated. I would have retired after the first few million. How much money does one really need? He can buy and do whatever he wants and he still goes to work every day.... Meh.
  6. Duykur

    Duykur Banned

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    Fail post is Fail...
    Stock Option and Bonuses
  7. DonVerse

    DonVerse New Member

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  8. AngelMayLaugh

    AngelMayLaugh New Member

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  9. Axis

    Axis Super Moderator Staff Member

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    This isn't even news. To my knowledge, he's had that salary since he returned in the 90s. (The Second Coming).

    Other users have already pointed out how much of a fail this thread is, so I will leave it at that.

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