Disney Buys Lucasfilm
It seems the Star Wars creator and CEO of Lucasfilm, George Lucas has sold his company to Disney for $4 billion in both cash and stock.
George LucasThe official press release came out yesterday and Disney offered Lucas ‘about half’ of the total amount in cash, issuing him with about 40 million shares at the close of the deal. Lucas was the complete and total owner of the Lucasfilm brand which means that the decision was his alone to make.
Kathleen Kennedy, currently the co-chairman of Lucasfilm, will move into becoming the president of Lucasfilm and will report to Alan Horn, Walt Disney Studios chairman. Kennedy has said that Star Wars Episode 7 will be targeted for release in 2015 with George Lucas serving as a creative consultant under the Disney brand.
The Lucasfilm Limited purchase by Disney includes Industrial Light & Magic, Skywalker Sound and LucasArts which all fall under the Lucasfilm Limited brand. Lucasfilm will join the ranks of Disney studios like Marvel, Touchstone and Pixar which means that, should the last few Marvel movies be anything to go by, the Star Wars franchise will be in extremely good hands.
| Article Comments | |||||||||
| Wonder what episode 7 will be about...? maybe the Hand of Thrawn series (.....giggles like a little girl in anticipation....) | ||||||||
| This could either be good .... or extremely, extremely bad  | ||||||||
| Queue the musical. | ||||||||
| Star Wars had such a bad story for a scifi anyway. Don't get me started on the scientific and geographic inaccuracies. Does not matter as it would suck either way. Plus, the new ones were better than the old in terms of plot. Only good characters were the droids and Han Solo. The other character were crying babies. Preparing for trolling...  | ||||||||
| Da Moose.%$#@ #$% @#$%&* (*&^^% "{]{!@ *&^%# %#^$&$((#&#^@&^#$^$(%  . Its still Star Wars and will always be great. Disney on the other hand owning the rights- I dunno. Imagine Justin Bieber as Luke Skywalker. | ||||||||
| Scientific and geographic inaccuracies of a science fiction movie? A science fiction movie that was around in the 70's? O_o | ||||||||
| The orginal Star Wars was a very basic story of good vs Evil that is why it was such a hit, I hope that they return to it. Good Jedi fight bad Sith, Jedi's Win everyone is happy and eats more popcorn | ||||||||
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