Probing the quintessential merger and acquisition case of Disney merging Pixar, this study reviews and conceptualizes the case developing process. The four strategic communication models and features of media industry merger are sequentially proposed: (1) start up mode; (2) feedback and contemplation mode; (3) risk management mode; (4) public relationship mode. In terms of media merger stages, this paper sorts the M&A case from the idea pop-up to the public announcement of successful deal making, the comparison with twelve major events of merger and divided by six different stages:(1) ideating and exploring,(2)internal communication I;(3)internal communication II and external communication I,(4)international communication III and external communication II,(5)internal and external risk management,(6)public relationship preparation and announcement.