We couldn’t state it any better than this: Neal Gabler in the New York Times today on the Disney-Pixar merger.

…the seeming conflict between Disney and Pixar was never about old technology bowing to new. It was about aesthetics and how technology best served them. …it isn’t C.G.I. itself that has made their films so wildly successful. Rather, it is the narrative craft with which those films were made. …Disney is doing something that perhaps no other corporation of this size has ever done: actively de-corporatizing itself. It is reassigning authority from the bureaucracy to a small group of creative individuals. It is, in short, trying to resurrect Walt Disney and his early hands-on management style.