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Byline: John Boudreau
Jan. 25--Walt Disney's $7.4 billion deal Tuesday to acquire longtime partner Pixar Animation Studios brings Silicon Valley and Hollywood closer together than ever before.
At the agreement's core is a desire to revive Disney's once-dominant position as an animation powerhouse. But it also propels Apple Computer and Pixar CEO Steve Jobs into a new role as media power broker, giving him a prime seat at the Hollywood table. Jobs becomes Disney's largest shareholder -- his 50 percent stake in Pixar's stock is worth $3.6 billion -- and will join the merged company's board.
"After a lot of soul searching and thinking, we came to the conclusion this looked to be the most exciting path for Pixar's future," Jobs said during a conference call.
Jobs' ascent is no accident: Under his leadership, Apple has…