Hello, Silicon Media Valley

Summary:The acquisition of Pixar by Disney also highlights the emergence of a formidable West Coast corridor of tech and media companies stretching from Vancouver to San Diego.

Silicon Valley's Babe Ruth does it again. Steve Jobs will be on the board of media giant Disney following the acquisition of Pixar Animation Studios in a stock deal valued at $6.3bn.

This is a very significant moment in Silicon Valley history because it shows how Silicon Valley is changing into a Silicon Media Valley, or more accurately, a technology-enabled media valley. And it is another strong connection between the large high tech/media centers that form a West Coast corridor running ffrom Vancouver, to Seattle, to Portland, to the San Francisco Bay Area, and down to Santa Monica and San Diego.

The acquisition strengthens the business and cultural links between Santa Clara and Santa Monica. We had Terry Semel, co-chief of media giant Warner Brothers, come up from So. Cal  to run Yahoo in May 2001. Now we have Steve Jobs on the board of Disney.

It's clear that Steve Jobs has been bought-in to reinvigorate Disney. He's a rock-star CEO, and has a string of successes under his belt. He also has a Machiovelian reputation for being able to thrive within organisations that are divided on strategy issues.

I think it is a good move by Disney because I believe that content will be king, and that the future will reward  technology-enabled media companies that own their own content and know how to produce it.

That's a much better media business model than using servers to spider content from other sites, imho.


From News.com: Pixar goes to Hollywood

Topics: Hardware

About

In May 2004, Tom Foremski became the first journalist to leave a major newspaper, the Financial Times, to make a living as a full-time journalist blogger. He writes the popular news blog Silicon Valley Watcher--reporting on the business of Silicon Valley.Tom arrived in San Francisco in 1984, and has covered US technology markets for leadi... Full Bio

zdnet_core.socialButton.googleLabel Contact Disclosure

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.