Disney buys LucasFilm. New Star Wars movie coming - theme parks next?
Written by Robert Niles
Disney announced today that it will buy LucasFilm and its associated businesses from Star Wars creator George Lucas, for $4.05 billion in cash and Disney stock.Tweet
That gives Disney control not just of LucasFilm and its Star Wars franchise, but also of Industrial Light & Magic and Skywalker Sound. ILM created last year's Academy Award winner for Best Animated Feature, Rango, in addition to providing special effects on hundreds of other hit movies. Of course, Disney's bought a former Lucas outfit before. Let's not forget that Pixar started as a Lucas sideline, before Steve Jobs bought it.
In a statement, Lucas acknowledged that the deal means he's turning over control of the Star Wars franchise. (Foes of Jar Jar Binks cheer!) Check out this line (I added the emphasis):
"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."
Disney's confirmed Star Wars, Episode 7 for release in 2015. (Whaaa? Less than three years? Have they been working on this?) Who knows what else might be in the works?
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