The Walt Disney Company has agreed to buy Lucasfilm Ltd., which includes the Star Wars franchise, for $4.05 billion in cash and stock from George Lucas, it was announced Tuesday.We'll see how this works out...but somewhere, I fear that the ghosts of Obi-Wan, Yoda and Anakin Skywalker aren't happy...
The deal includes a tentative 2015 release date of Stars Wars Episode 7, along with the possibility of growing the franchise with more feature films.
“Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas,” Robert A. Iger, Chairman and Chief Executive Officer of The Walt Disney Company, said in a statement.
Current Co-Chairman of Lucasfilm, Kathleen Kennedy, will become President and report to Walt Disney Chairman Alan Horn.
“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,” Iger said.
Tuesday, October 30, 2012
The Dark Empire
I sense a great disturbance in the Force: