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Steve Jobs - Pixar grew under his watch

It was under Steve Jobs' watch that the computer-animation studio, Pixar, gave us some of its early blockbusters, starting with the original "Toy Story."
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CUPERTINO - It was under Steve Jobs' watch that the computer-animation studio, Pixar, gave us some of its early blockbusters, starting with the original "Toy Story."

Jobs had bought Pixar from George Lucas for $10 million. At first, Pixar seemed like a bottomless money pit. Then in 1995 came "Toy Story."  It was the first computer-animated full-length feature.

Jobs used "Toy Story's" success to negotiate a deal with Disney for Pixar's next two films, "A Bug's Life" and "Toy Story 2." In 2006, Jobs sold Pixar to The Walt Disney Company for $7.4 billion in stock.

That made him Disney's largest individual shareholder and it secured a seat for him on the board of directors.

Steve Jobs died Wednesday at the age of 56.

(Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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