Disney buys George Lucas’s Lucasfilm and ‘Star Wars’ franchise for $4.05 billion

“Walt Disney Co has agreed to buy filmmaker George Lucas’s Lucasfilm Ltd and the ‘Star Wars’ franchise for $4.05 billion in cash and stock, a blockbuster deal that adds one of the most beloved franchises in entertainment history to Disney’s lineup,” Lisa Richwine and Ronald Grover report for Reuters.

“Disney said there would be a new series of ‘Star Wars’ feature films as part of the deal, with the first movie expected in 2015,” Richwine and Grover report. “Disney Chief Executive Bob Iger, in prepared remarks for analysts, said the plan was to release a new movie in the series every two to three years thereafter.”

Richwine and Grover report, “Lucas, a Hollywood icon known for exercising control over the most minute details of the fictional universe he created, will remain as a creative consultant. ‘It`s now time for me to pass ‘Star Wars’ on to a new generation of filmmakers,’ he said in a statement.”

George Lucas
George Lucas
“Lucas will become the second-largest individual holder of Disney shares, with a 2.2 percent stake,” Richwine and Grover report.

MacDailyNews Note: Steve Jobs’ widow, Laurene Powell Jobs, is the largest individual holder of Disney shares.

Richwine and Grover report, “This deal marks the third time in less than seven years that Disney has signed a massive deal to take over a beloved studio or character portfolio, part of its strategy to acquire brands that can be stretched across TV, movies, theme parks and the Internet. In early 2006, Disney struck a deal to acquire ‘Toy Story’ creator Pixar, and in the summer of 2009 it bought the comic book powerhouse Marvel Entertainment.”

Read more in the full article here.

MacDailyNews Take: Thank God for beards or George Lucas would have no discernible chin.

Oh, come on, you were thinking it, too.

The good news is that any future “Star Wars” movies can’t be much worse than the last three.

[Thanks to MacDailyNews readers too numerous to mention individually for the heads up.]

Related articles:
Disney completes Pixar acquisition; Steve Jobs now Disney’s single largest shareholder – May 5, 2006
Disney CEO receives $55,000 in AAPL shares for joining Apple’s Board of Directors – November 18, 2011


        1. Agreed. It was a good movie and it seems like the book of John Carter was the inspiration for Star Wars, Stat Trek and other SiFi. I had never heard of John Carter before and that was one of the problems. From what I heard Disney made minimal marketing since they believed every one already knew who John Carter was. It was an extremely expensive movie to produce, $400 million but no one would have coma ones about that if it took in like $600 million. After the “economic” flop that was John Carter everyone started attacking the movie which I think was wrong. I am happy Disney took the step and produced the movie.

  1. It will be interesting to see which direction Disney goes first — back to the Old Republic days (pre Episodes 1-3), or continuing on with a galaxy not so long, long ago with Episode 7 and after.

        1. Way back when (after 1 [aka Episode 4] came out), the plan was to do 12 movies. Lucas spoke publicly about this plan several times. Then after 2 [aka Episode 5] came out and Lucas saw that doing 12 would be a major grind, the plan was to do nine movies. Do 4, 5 & 6 then while the actors age naturally, do 1, 2 & 3 (the prequels). Finally, do 7, 8 & 9 with the original, now older, actors heavily in 7 and less and less through 8 & 9.

          Clearly that never happened.

          Maybe Disney will bring the original 12 back with the order
          A, B, C, 1, 2, 3, 4, 5, 6, 7, 8, 9 (using the current numbering for Episodes 1 through 6) with 7, 8 & 9 being done first. Maybe in A we see a young Yoda?

        2. Even if you go completely new cast, Luke (Hamill) is the last known surviving Jedi. You need more than a 5 minute cameo to give you the push into the new direction. Either way, summer 2015 is not so far away that we wont be hearing rumors by next summer.

  2. Boy! This can’t hurt Apple. Disney has been on board with Apple’s movie/television desires. This makes that cooperation that much more important. I’m not saying that this will make the Apple iTV happen but it will get it a little bit closer. And I for one believe that it will happen. And not that far in the future. The studios and cable operators are going to be a difficult challenge for Apple but I just think that it will come to fruition. And I think it will happen in 2013.

  3. Despite people often malign Lucas for questionable SW Episode 1,2,3 series, the guy still has historic significance any way.

    His work led not only to SW, Indiana Jones and other franchises, but also led to creation of Pixar, THX, Industrial Light and Magic, and many more smaller companies.

    I wonder whast SW Episode VII is going to about since Lucas is said to be only creative adviser of this film.

        1. Sure. Many Apple/Mac users are also geeks. Many geeks are scifi fans, Star Wars fans, and because of Steve Jobs and Apple, Pixar fans. Since Pixar is now a subsidiary of Disney, Disney also holds special interest to Apple/Mac fans.

          Add to that the iTunes and Apple TV connection, and goings-on of this magnitude in the film and broadcast industries are very relevant and interesting to much of the crowd on this site.

          If you need more evidence, this story has garnered 65 comments, while the story posted a bit earlier about Ballmer calling Apple a ‘low-volume player’ attracted 74 comments.

          I’ll say it again: You [i]can[/i] simply choose to skip over the stories that don’t interest you.

            1. Well, the first big clue is the title of the story: “Disney buys George Lucas’s Lucasfilm and ‘Star Wars’ franchise for $4.05 billion”.

              Notice the key terms ‘Disney’, ‘George Lucas’, ‘Lucasfilm’, and ‘Star Wars’. Notice also that ‘Tim Cook’, ‘iPad’, ‘Mac’ or ‘Apple’ are nowhere to be found. Those would be your first clues.

              If all that eludes you, and you click anyway, then after you scan over the story in five seconds and see little or no Apple-specific relevance, you can click the “back” button and resume trolling. Based on this exchange, it’s clear you’re not worried about wasting a few minutes of your time, so clearly a few seconds would be of no concern.

        2. Yes, there are those of us who see Disney as a possible partner, or a possible acquisition for Apple. SJ was Disney’s largest single stockholder. So yes, it is very relevant to Apple.

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