After months and months of speculation about whether Disney and Pixar would continue working together at all (for the past 12 years, Disney has "distribute[d] and co-finance[d]...Pixar movies"), it appears that Disney may have just decided to swallow Pixar whole. According to a report in today's Wall Street Journal, unnamed sources indicated that in a possible deal, "Disney would pay a nominal premium to Pixar's current market value of $6.7 billion" in stock transaction that would leave Steve Jobs (in addition to being king of the world, he's also Pixar's CEO) Disney's "largest individual stockholder."

Whoa. Keep in mind, however, that this is NOT a done deal. In addition, those same unnamed sources told the Journal that "other options are possible," so a buyout isn't necessarily the only way this relationship will continue. Still, though - whoa. We'll be following this throughout the day, and will post updates as we get them.