Walt Disney acquires the industry-shaking, boundary-busting energy that has lifted Apple and Pixar sky-high.

           On Jan. 24, Walt Disney agreed to pay US$7.4 billion in stock to acquire Pixar (Nasdaq: PIXR) Animation Studios, where Jobs is chairman, CEO and 50.6 percent owner. Jobs will become the largest shareholder at Disney and take a seat on the entertainment giant's board.

           It's not hard to imagine a day when you could fire up your Apple video iPod and watch Net-only spin-offs of popular TV shows from Disney's ABC network. Or use your Apple iPhone to watch Los Angeles Lakers superstar Kobe Bryant's video blog, delivered via Disney's ESPN.The embarkation of Steve into a new Magical Kingdom might just add a spring to the entertainment industry. Click here to read more.