I have been saying for months that Pixar and Disney will not get back in bed together. Not unless Steve sucks it up and lowers his demands. Nothing has changed with that gut feeling. However, I do feel [which has been speculated by many news outlets] that there is a decent chance that Disney will buy Pixar very soon.
Here is my feeling on the whole situation. Steve may be ready to give up Pixar in order to devote more time to his real love. Apple. Not that he will be able to let Pixar go completely, he still wants to be able to make some of the calls. This leads me to believe that perhaps he is ready to let Disney buy Pixar if a favorable deal for Steve can be made. It would be a win-win situation for him. He becomes the largest shareholder of Disney and theoretically retains a good deal of control of Pixar AND now some control of Disney.
With the feet dragging that is going on with a distribution agreement and the whispers coming from Disney, something seems to be going on beyond a distribution only agreement. I know Steve there are a lot of i's to dot and t's to cross, but these things don't need to take this long. Something else be may looming. Much larger.
Of course I could be wrong. Just a gut feeling based on talk that I've had and things I've heard.
The next few weeks will be interesting.