Walt Disney Buys Lucasfilm for $4.05 Billion!

Scifipop October 30, 2012 0

Walt Disney announced that they will purchase Luscasfilm for around $4.05 billion today to take over the Star Wars franchise. A new Star Wars episode 7 is slated for 2015 but most likely will not have George Lucas as director.

Walt Disney chairman Robert G. Iger had this to say about the deal.

“Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas. 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.”

George Lucas also made as statement about the blockbuster deal.

“For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next. It’s now time for me to passStar 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 ofKathleen 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.”

Disney’s smart acquisitions of  Pixar, Marvel, and now Lucasfilm positions them to be very dominant in the animation, science fiction and fantasy realm. Which as written on this site as the future of film.

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