Disney+ In March 2005, Bob Iger, president of the company, became CEO of Disney after Eisner's retirement in September; Iger was officially named head of the company on October 1. Disney's eleventh theme park Hong Kong Disneyland opened on September 12, costing the company $3.5 billion to construct. On January 24, 2006, Disney began talks to acquire Pixar from Steve Jobs for $7.4 billion, and Iger appointed Pixar Chief creative officer (CCO) John Lasseter and president Ed Catmull the heads of the Walt Disney Animation Studios. A week later, Disney traded ABC Sports commentator Al Michaels to NBCUniversal in exchange for the rights to Oswald the Lucky Rabbit and 26 cartoons featuring the character. On February 6, the company announced it would be merging its ABC Radio networks and 22 stations with Citadel Broadcasting in a $2.7 billion deal, though which Disney acquired 52% of television broadcasting company Citadel Communications. The Disney Channel movie High School Musical aired and its soundtrack was certified triple platinum, becoming the first Disney Channel film to do so. Disney's 2006 live-action film Pirates of the Caribbean: Dead Man's Chest was Disney's biggest hit to that date and the third-highest-grossing film ever, making a little over $1 billion at the box office. On June 28, the company announced it was replacing George Mitchell as chairman with one of its board members and former CEO of P&G John E. Pepper Jr. in 2007. The sequel High School Musical 2 was released in 2007 on Disney Channel and broke several cable rating records. In April 2007, the Muppets Holding Company was moved from Disney Consumer Products to the Walt Disney Studios division and renamed the Muppets Studios as part of efforts to relaunch the division. Pirates of the Caribbean: At World's End became the highest-grossing film of 2007 at $960 million. Disney-Pixar films Ratatouille (2007) and WALL-E (2008) were a tremendous success, with WALL-E winning the Oscar for Best Animated Feature. After acquiring most of Jetix Europe through the acquisition of Fox Family Worldwide, Disney bought the remainder of the company in 2008 for $318 million. Bob Iger introduced D23 in 2009 as Disney's official fan club, with a biennial exposition event named D23 Expo. In February, Disney announced a distribution deal with DreamWorks Pictures to distribute 30 of their films over the next five years through Touchstone Pictures, with Disney getting 10% of the gross. The