Walt Disney this afternoon announced a deal to buy Lucasfilm from Star Wars director and film pioneer George Lucas for $4.05 billion in cash and stock.
Under terms of the deal, Lucas will be paid half in cash and half in the form of about 40 million Disney shares.
“Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas,” Disney CEO Robert Iger said in a statement. “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.”
Lucas said in a statement that it is “now time for me to pass Star Wars on to a new generation of filmmakers.”
http://www.forbes.com/sites/ericsavi...-4-05-billion/
I am thrilled about this. I love all six of the Star Wars movies (part V and III being my favorites) so this is excellent news. It will be interesting to see how other filmmakers approach the stories. Disney did great with Marvel, and this could be just as good if not better.