or Connect
AVS › AVS Forum › News Forum › Latest Industry News › Disney To Buy Lucasfilm For $4.05 Billion; Lucas Hands Over Star Wars
New Posts  All Forums:Forum Nav:

Disney To Buy Lucasfilm For $4.05 Billion; Lucas Hands Over Star Wars

post #1 of 179
Thread Starter 

Walt Disney just announced that it will buy Lucasfilm from George Lucas for $4.05 billion in cash and stock! This includes the Star Wars franchise, Indiana Jones franchise, ILM, LucasArts, and Skywalker sound. 


Under the deal, Disney will acquire ownership of Lucasfilm, a leader in entertainment, innovation and technology, including its massively popular and “evergreen” Star Wars franchise and its operating businesses in live action film production, consumer products, animation, visual effects, and audio post production. 

 

Here's what George Lucas had to say:

 

“For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said George Lucas, Chairman and Chief Executive Officer of Lucasfilm. “It’s now time for me to pass Star Wars on to a new generation of filmmakers. I’ve always believed that Star Wars could live beyond me, and I thought it was important to set up the transition during my lifetime. I’m confident that with Lucasfilm under the leadership of Kathleen Kennedy, and having a new home within the Disney organization, Star Wars will certainly live on and flourish for many generations to come. Disney’s reach and experience give Lucasfilm the opportunity to blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products.”

 

The announcement also mentions that Star Wars Episode 7 is scheduled for release in 2015. Episodes 8 and 9 are planned as well, every 2-3 years.

 

http://finance.yahoo.com/news/disney-acquire-lucasfilm-ltd-195100740.html

 

Update: George Lucas on the future of Star Wars:

 


Edited by capnsmak - 10/30/12 at 2:31pm
post #2 of 179

I honestly thought I'd never see the day...

post #3 of 179
Oh wow! I'd love to see an Episode 7. Too bad Mark Hammill is past his prime. Wonder what direction they'll take...Or who will direct.
As long as we never get a Michael Bay directed Start Wars I'm happy :P
post #4 of 179
Episode 7? What more could they possibly do to ruin the franchise? I suppose the only thing that could be worse is if Michael Bay directs it and Keanu Reeves is the lead role.
post #5 of 179
Thread Starter 

This is how the internet sounds right now. 

 

post #6 of 179
That's not true! That's impossible! smile.gif
post #7 of 179
This is good and terrible. Terrible because they need to leave Star Wars the **** alone. Good, because I hope now Disney can re-release the Blu-Rays of the original trilogy without the many stupid changes that lucas put in there for the remaster.
post #8 of 179
I guess Lucas wasn't bs'ing when he said he might get out of the movie business.
post #9 of 179

doubletake.gif

 

Wow, thought I was sufficiently shocked, but then we get an Episode 7 announcement to finish?!? Brain is scrambling to make sense of this.... Not sure how to react...

post #10 of 179
So zzz. It's not going to be the same. You think EP 1 was corny wait till Disney remakes these...
post #11 of 179
Oh they will re-release it alright. Then not release it for 12 years. Then re-release it again. Then not release it for...biggrin.gif
post #12 of 179

WOW! :D

post #13 of 179
Quote:
Originally Posted by Jindrak View Post

This is good and terrible. Terrible because they need to leave Star Wars the **** alone. Good, because I hope now Disney can re-release the Blu-Rays of the original trilogy without the many stupid changes that lucas put in there for the remaster.

I agree that it would be great to have quality blu-ray releases of the ORIGINAL versions of the movies. Unfortunately George Lucas is an example of the director who should not be allowed to revise his own work. There have been a few instances where this has worked out well, but many more instances where the revised vision is worse than the original. What annoys me most about Lucas is that he offers the revision in place of the original, rather than alongside the original.
post #14 of 179
If Disney can get their Marvel team/affiliates involved in episode 7....there is nothing wrong. And GOD please let an original trilogy blu ray happen, t'is our only hope.
post #15 of 179
Hallelujah!!!! Now maybe some decent, Lucas free, Star Wars movies can be made!!!!
post #16 of 179
WOW.
post #17 of 179
Quote:
Originally Posted by wingnut4772 View Post

Hallelujah!!!! Now maybe some decent, Lucas free, Star Wars movies can be made!!!!

Instead now we'll get John Carter Episode 7!
post #18 of 179
Quote:
Originally Posted by damelon View Post

Instead now we'll get John Carter Episode 7!

Lol! Or The Avengers...


And I liked John Carter better than Episodes I, II or III.
post #19 of 179
i vote good news... at least now there's a chance that we'll get the original 3 in their glorious unmolested form...

i will never forgive lucas for messing with memories of my yute...
post #20 of 179
Thread Starter 

1000

post #21 of 179
Quote:
Originally Posted by Lethean View Post

Too bad Mark Hammill is past his prime.

He had a prime??
Quote:
Originally Posted by Limp Fox View Post

So zzz. It's not going to be the same. You think EP 1 was corny wait till Disney remakes these...

+1
Quote:
Originally Posted by wingnut4772 View Post

Lol! Or The Avengers...
And I liked John Carter better than Episodes I, II or III.

+2

Meeza not so exciteds
post #22 of 179
I think this could be good. Disney is a great company with fantastic resources. It's really a matter of how it's done. Time will tell...
post #23 of 179
I am excited. Glad to see anyone take over at this point.
post #24 of 179
Quote:
Originally Posted by Frosteh View Post

Episode 7? What more could they possibly do to ruin the franchise? I suppose the only thing that could be worse is if Michael Bay directs it and Shia Labeouf is the lead role.

Fixed that for you. :-)

Brian
post #25 of 179
Surprised - no posting about Indiana Jones - that too goes with LucasFilm
post #26 of 179
That's a lot to pay for just one more princess!
post #27 of 179
OBTW . . .

It's also making a seventh movie in the Star Wars series called Episode 7, set for release in 2015, with plans to follow it with Episodes 8 and 9 and then one new movie every two or three years.
post #28 of 179
Quote:
Originally Posted by Epyon415 View Post

If Disney can get their Marvel team/affiliates involved in episode 7....there is nothing wrong. And GOD please let an original trilogy blu ray happen, t'is our only hope.

+1
post #29 of 179
From Starwars.com

Lucas briefly discusses the new possibilities in the transition.

Curious indeed, hopefully it produces positive results but anyone who thought the franchise was blue milked and bilked before just you wait. Disney is notorious for exploiting every last morsel of good will out of the customers/fans.

As Lucas passes on the reins of his Empire to new stewards he relinquishes the independence of his company that he vehemently fought for, in a bygone era. I wonder if he appreciates the irony.

Best Regards
KvE
Edited by KMFDMvsEnya - 10/30/12 at 2:50pm
post #30 of 179
That's no moon, that's George's space station!
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Latest Industry News
AVS › AVS Forum › News Forum › Latest Industry News › Disney To Buy Lucasfilm For $4.05 Billion; Lucas Hands Over Star Wars