Steve Jobs' Impact on Hollywood

Kim and John look at some of how Steve Jobs impacted the entertainment business, namely his legacy with Pixar. In 1986, Jobs bought Pixar from Lucasfilm for $10 million and sold it in 2006 to the Walt Disney Company for $7.4 billion. They talk about how his talent in business and on the creative side helped Pixar become the powerhouse it is today. They also discuss how he revolutionized the music business with the iPod and iTunes and very well one day may do the same to the television and film business.