Disney has purchased George Lucas’ LucasFilm LTD for $4.05 billion, the two companies announced on Tuesday.
Disney will pay half of that sum in cash and the other half in stock, based on Disney’s stock price at market close Tuesday.
Lucas, the legendary creator of Star Wars, founded the company in 1971. LucasFilm has produced Lucas’ many high-profile projects, such as American Graffiti, the Star Wars franchise and the Indiana Jones franchise.
“Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas,” Bob Iger, Chairman and CEO of Disney, said in a statement. “This transaction combines a world-class portfolio of content including Star Wars, one of the greatest family entertainment franchises of all time, with Disney’s unique and unparalleled creativity across multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value.”
Lucas, co-chairman and CEO, has made clear in recent years that he plans to step aside and brought on Kathleen Kennedy, a long-time collaborator, as his successor.
Kennedy will serve as president of Lucasfilm, reporting directly to Disney studio chief Alan Horn.
Disney has excelled at creating films and characters that it can turn into global brands, such as animated characters like Finding Nemo or the Marvel superheroes. Its theme parks and consumer products division produce substantial revenues as a result.
Lucasfilm’s past films, particularly Star Wars and Indiana Jones, fit right into that mold. In addition to her role as president, Kennedy will serve as the brand manager for Star Wars, helping Disney to further capitalize on a brand that has been turned into video games, toys and just about everything else.
Disney has also announced that a seventh Star Wars film will be released in 2015, with more features in the franchise to come.
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Disney Buys Lucasfilm
#1
Posted 30 October 2012 - 01:47 PM
#2
Posted 30 October 2012 - 01:56 PM
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Posted 30 October 2012 - 02:15 PM

#4
Posted 30 October 2012 - 02:16 PM
#5
Posted 30 October 2012 - 02:18 PM
#6
Posted 30 October 2012 - 02:19 PM
That might be cool.... Maybe we can team up with Luke Skywalker in Kingdom Hearts 3?
Kind of.George already ruined Star Wars. Everything good that came out of the franchise was stuff he never made. Knights of the Old Republic, Clone Wars series. Hell, even General Grievous was made up by someone he hired.
#7
Posted 30 October 2012 - 02:22 PM
#8
Posted 30 October 2012 - 02:24 PM
#9
Posted 30 October 2012 - 02:26 PM
and they are making POC 5. i caught myself on that one
Edited by Uncle Ben, 30 October 2012 - 02:27 PM.
#10
Posted 30 October 2012 - 02:32 PM
POC 4 was actually written as an alternate POC 2. But was put on the shelf.POC until 3 were amazing. 4 wasn't as good. They will make them unrecognizable now
and they are making POC 5. i caught myself on that one
Also Disney owns Marvel and Avengers was awesome. Perhaps Disney will still do good with the movie.
Also I liked POC 4
#11
Posted 30 October 2012 - 02:32 PM
#12
Posted 30 October 2012 - 02:39 PM
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Posted 30 October 2012 - 02:42 PM
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Posted 30 October 2012 - 02:43 PM
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Posted 30 October 2012 - 03:00 PM
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Posted 30 October 2012 - 03:04 PM
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Posted 30 October 2012 - 03:08 PM
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Posted 30 October 2012 - 03:12 PM
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Posted 30 October 2012 - 03:20 PM
#20
Posted 30 October 2012 - 03:33 PM
WWI tanks don't have cannons like the one in Last Crusade. The RPG Indy uses in Raiders hadn't been invented at the time the movie takes place. Willy Scott is annoying as heck.
And everybody hates Indy 4 cuz of the fridge.
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