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OT: Disney now owns Lucas Arts! Episode VII coming in 2015!


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Showing 1-25 of 397 posts in this discussion
Initial post: Oct 30, 2012 1:23:10 PM PDT
elect Tron says:
This is not a joke! Holy shit!

Posted on Oct 30, 2012 1:24:08 PM PDT
People thought I was trolling when I posted it. lol

Posted on Oct 30, 2012 1:25:38 PM PDT
Star Wars/Mickey Mouse crossover?

Posted on Oct 30, 2012 1:26:01 PM PDT
GarionOrb says:
Say...WHAT!?? No. This is....just....no.

Posted on Oct 30, 2012 1:26:24 PM PDT
I think my soul just died...

Posted on Oct 30, 2012 1:27:01 PM PDT
Holy crap, fanboys!

Not only did the news break today that the Walt Disney Company has acquired Lucasfilm Ltd. for $4.05 billion, but the studio press release also announces that a Star Wars: Episode VII feature film is targeted for a 2015 release! Yes, 2015 will give us The Avengers 2, Justice League of America and now a new Star Wars movie!

The original press release as follows:

Continuing its strategy of delivering exceptional creative content to audiences around the world, The Walt Disney Company (NYSE: DIS) has agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm Chairman and Founder, George Lucas.

Under the terms of the agreement and based on the closing price of Disney stock on October 26, 2012, the transaction value is $4.05 billion, with Disney paying approximately half of the consideration in cash and issuing approximately 40 million shares at closing. The final consideration will be subject to customary post-closing balance sheet adjustments.

"Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas," said Robert A. Iger, Chairman and Chief Executive Officer of The Walt Disney Company. "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."

"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."

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. Disney will also acquire the substantial portfolio of cutting-edge entertainment technologies that have kept audiences enthralled for many years. Lucasfilm, headquartered in San Francisco, operates under the names Lucasfilm Ltd., LucasArts, Industrial Light & Magic, and Skywalker Sound, and the present intent is for Lucasfilm employees to remain in their current locations.

Kathleen Kennedy, current Co-Chairman of Lucasfilm, will become President of Lucasfilm, reporting to Walt Disney Studios Chairman Alan Horn. Additionally she will serve as the brand manager for Star Wars, working directly with Disney's global lines of business to build, further integrate, and maximize the value of this global franchise. Ms. Kennedy will serve as executive producer on new Star Wars feature films, with George Lucas serving as creative consultant. Star Wars Episode 7 is targeted for release in 2015, with more feature films expected to continue the Star Wars saga and grow the franchise well into the future.

The acquisition combines two highly compatible family entertainment brands, and strengthens the long-standing beneficial relationship between them that already includes successful integration of Star Wars content into Disney theme parks in Anaheim, Orlando, Paris and Tokyo.

Driven by a tremendously talented creative team, Lucasfilm's legendary Star Wars franchise has flourished for more than 35 years, and offers a virtually limitless universe of characters and stories to drive continued feature film releases and franchise growth over the long term. Star Wars resonates with consumers around the world and creates extensive opportunities for Disney to deliver the content across its diverse portfolio of businesses including movies, television, consumer products, games and theme parks. Star Wars feature films have earned a total of $4.4 billion in global box to date, and continued global demand has made Star Wars one of the world's top product brands, and Lucasfilm a leading product licensor in the United States in 2011. The franchise provides a sustainable source of high quality, branded content with global appeal and is well suited for new business models including digital platforms, putting the acquisition in strong alignment with Disney's strategic priorities for continued long-term growth.

The Lucasfilm acquisition follows Disney's very successful acquisitions of Pixar and Marvel, which demonstrated the company's unique ability to fully develop and expand the financial potential of high quality creative content with compelling characters and storytelling through the application of innovative technology and multiplatform distribution on a truly global basis to create maximum value. Adding Lucasfilm to Disney's portfolio of world class brands significantly enhances the company's ability to serve consumers with a broad variety of the world's highest-quality content and to create additional long-term value for our shareholders.

The Boards of Directors of Disney and Lucasfilm have approved the transaction, which is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act, certain non-United States merger control regulations, and other customary closing conditions. The agreement has been approved by the sole shareholder of Lucasfilm.

Source: http://www.ign.com/articles/2012/10/30/the-walt-disney-company-acquires-lucasfilm-star-wars-episode-vii-set-for-2015?abthid=509035fabe10adde15000061

Posted on Oct 30, 2012 1:27:05 PM PDT
uncledonnie3 says:
http://www.mcvuk.com/news/read/disney-acquires-lucasarts-for-4bn/0105455

Can you feel that great disturbance in the Force? Disney has swooped to acquire LucasFilm in a $4.05bn move.

Furthermore, Disney has confirmed the planned launch of new movie sequel Star Wars VII in 2015 "with more feature films expected to continue the Star Wars saga and grow the franchise well into the future".

The deal was a stock and cash transaction with Disney paying half in cash and the rest in issuing around 40m shares. For that it acquires the Star Wars IP, LucasFilm's operating live film businesses, consumer products divisions, animation and FX studios and audio post production facilities.

This includes brands and operations such as LucasArts, Industrial Light & Magic and Skywalker Sound.

Current LucasFIlm co-chairman Kathleen Kennedy becomes the new president and Star Wars brand manager. She will also serve executive producer on new Star Wars feature films, with Lucas to contribute under the guise of creative consultant.

"For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next," LucasArts boss and Star Wars creator George Lucas stated.

"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."

Despite being the epitome of the Hollywood Blockbuster, Star Wars has remained an independent production over the last two decades. This move potentially opens the door to what Lucas himself said he did not want to do - the making of Star Wars VII, VIII and IX.

"Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas," Walt Disney chairman and Robert A Iger stated. "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."

Posted on Oct 30, 2012 1:27:49 PM PDT
[Deleted by the author on Oct 30, 2012 1:27:56 PM PDT]

Posted on Oct 30, 2012 1:28:34 PM PDT
Benpachi says:
Awful. But hey, maybe we'll end up getting the theatrical releases of the originals out of this?

Posted on Oct 30, 2012 1:29:02 PM PDT
Disney is a smart company... and they like to make money, it can't get any worse

Posted on Oct 30, 2012 1:29:19 PM PDT
I'm not even sure where they will go with Episode VII... EVERYONE IS OLD!

Oh no... New characters... New stories... Oh no please not that... Can't we just leave this alone?

Posted on Oct 30, 2012 1:29:42 PM PDT
D_Strasse says:
Jaina Solo?

Posted on Oct 30, 2012 1:30:20 PM PDT
StriderNeo15 says:
Cool.

In reply to an earlier post on Oct 30, 2012 1:31:06 PM PDT
read the expanded universe a lot of things happen after the destruction of the death star... TONS OF THINGS

In reply to an earlier post on Oct 30, 2012 1:31:13 PM PDT
GarionOrb says:
Smart filmmakers will recast. But knowing Hollywood lately, we'll have the original cast pretending they're 30 years younger.

In reply to an earlier post on Oct 30, 2012 1:31:51 PM PDT
Yea we're probably going to see Jacen, Ben, and all of them while regulating all the other actors to basic cameos and probably getting well away from how the books played out since Luke, Han, Leia, Chewie, and others still play major roles in how the galaxy is taking shape. Luke is rebuilding the order of the Jedi, Leia has begun to study as a Jedi as well as her daughter and son. Luke at one point is exiled from the Jedi order.

I just have a feeling this is going to be The Kids of Star Wars: Episode VII!

Posted on Oct 30, 2012 1:32:14 PM PDT
MrFoxhound says:
My head just exploded.

In reply to an earlier post on Oct 30, 2012 1:32:36 PM PDT
MrFoxhound says:
Think it's going to be the Yuzhaan Vong or the Thrawn duology?

Posted on Oct 30, 2012 1:32:58 PM PDT
Soulshine says:
I'll be looking for some kind of Star Wars joke when I take my nephew to see Wreck-It Ralph this weekend.

Posted on Oct 30, 2012 1:33:07 PM PDT
Kirksplosion says:
Huh. I see. I guess I'm supposed to be horrified over the news? Meh. This Star Wars fanboy will just wait and see what this shall bring forth. Could be great. Could be turrible. No sense in speculating now.

Will this have any effect on LucasArts, I wonder? That's my main curiosity. I wouldn't think so, but I don't know the ins-and-outs of all the business. Either way, I needs my Star Wars 1313.

In reply to an earlier post on Oct 30, 2012 1:33:15 PM PDT
Last edited by the author on Oct 30, 2012 1:34:34 PM PDT
That Emu Kid says:
Jeff Bridges in Tron: Legacy, anyone?

Posted on Oct 30, 2012 1:33:16 PM PDT
GarionOrb says:
And let's not forget, folks. It's gonna be in fabulous 3D!!!

In reply to an earlier post on Oct 30, 2012 1:33:27 PM PDT
How about adapting the Thrawn Trilogy?

Posted on Oct 30, 2012 1:33:30 PM PDT
Lucanus says:
Could Disney ruin Star Wars more than Lucas already has with his Episode I-III plus constant changing of the originals?

Posted on Oct 30, 2012 1:33:55 PM PDT
Slicksnake says:
There are already books written after the last espisode.
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Discussion in:  Video Games forum
Participants:  68
Total posts:  397
Initial post:  Oct 30, 2012
Latest post:  Nov 10, 2012

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