Disney once more has fortified their entertainment empire by acquiring one of the biggest brands in the world: STAR WARS. In a reported $4.05 billion dollar acquisition, The Walt Disney Company will gain 100% control of Lucasfilm and all associated properties.
There are not many details at this point, but it looks like the deal is cash and stock with Kathleen Kennedy remaining President of Lucasfilm, reporting to Disney chair Alan Horn.
This has got to be a joke, right? Disney gets Marvel and now Lucasfilm? I am tempering expectations that the new STAR WARS film is really happening. Could we finally get the STAR WARS sequel we have always been dreaming about? Could we get an adaptation of the Timothy Zahn novels? This is incredible news.
Here is George Lucas’ statement: “For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next, 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.”
We will bring you more as this story develops!
UPDATE w/ New Info here.