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  1. #1
    Atomic Punk lovemachine97(Version 2)'s Avatar
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    12.17.17 @ 05:26 PM
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    Default Disney buys Lucasfilm for $4B, Episode VII set for 2015

    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.

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

  2. #2
    Baluchitherium
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    12.13.17 @ 02:13 AM
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    Lucasfilm is more machine now than man... Twisted and evil...
    Posted from yo' mama's house.


  3. #3
    PM Goo with your concerns OLO's Avatar
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    12.17.17 @ 10:54 AM
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    I'm optimistic that Disney will do a good job with a new film. I no longer trusted Lucas.
    ((Just My Two Cents))
    And thats about what its worth.

  4. #4
    Eruption
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    12.17.17 @ 10:54 PM
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    Wow. From AP.com: "It's also making a seventh movie in the "Star Wars" series called "Episode 7," set for release in 2015, with plans to follow it with Episodes 8 and 9 and then one new movie every two or three years."

    We're going to get a BUNCH of new Star Wars movies. That's pretty cool! But I hope they will be better than those prequels. And please no Jar Jar.

  5. #5
    On Fire Eddie's Littler Monster's Avatar
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    07.14.17 @ 10:27 AM
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    If the way Disney has handled the Marvel movies is any indication, this could be AWESOME.

  6. #6
    Atomic Punk ZeoBandit's Avatar
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    12.14.17 @ 05:57 AM
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    Quote Originally Posted by OLO View Post
    I'm optimistic that Disney will do a good job with a new film. I no longer trusted Lucas.
    What, you don't like movies that are 90% CGI, and altered every couple of years?
    "What we are dealing with here, is a complete lack of respect for the law" - Jackie Gleason, Smokey and the Bandit

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  7. #7
    Atomic Punk Little Dreamer's Avatar
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    12.17.17 @ 11:18 PM
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    Default

    Sure, the last few Star Wars films were flawed.

    But you can't forget it all came from Lucas' vision, the characters and the story. No one has done better since.

    So I don't know. When you know the amount of preparation and writing for each SW film, I think suddenly announcing a new one for 2015 seems rushed. Especially if you're expecting something better than Ep I-III.
    Last edited by Little Dreamer; 10.30.12 at 02:12 PM.
    Little Dreamer

  8. #8
    Atomic Punk ziggysmalls's Avatar
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    12.18.17 @ 05:04 AM
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    Default

    Will Shia Lebeuf play Han Solo's son since he played Indiana's kid?

    Hmmmmmmm

    Michael Bay directing?

    Hmmmmmmm

    Justin Bieber as Lukes kid?


    Seriously I don't know much if anything about the books however I think Han and Leia get married and have a kid. I have a guy to play Han Solo. Sawyer from LOST.

    Always thought if they ever rebooted the originals, he could play Han.

    Ok flame away.

  9. #9
    Sinner's Swing! johnnybeane's Avatar
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    12.17.17 @ 09:48 PM
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    Default

    My chat with Mike & Joe from Chickenfoot 1/7/12
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  10. #10
    Atomic Punk Dave's Dreidel's Avatar
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    12.18.17 @ 03:51 AM
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    Default

    Quote Originally Posted by Little Dreamer View Post
    Sure, the last few Star Wars films were flawed.

    But you can't forget it all came from Lucas' vision, the characters and the story. No one has done better since.

    So I don't know. When you know the amount of preparation and writing for each SW film, I think suddenly announcing a new one for 2015 seems rushed. Especially if you're expecting something better than Ep I-III.
    I think us geeks here on the Links could get together and write something better than Episodes I and II.

    As for rushed, they have the entire expanded universe to pull from. Heck, Episodes 7-9 in a way are already written if they want to go with the Admiral Thrawn and Mara Jade storylines.

    Wow, I am such a fucking geek.
    Taylor Swift is nice to look at. Adele can sing.

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  11. #11
    Atomic Punk Dave's Dreidel's Avatar
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    12.18.17 @ 03:51 AM
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    Default

    Quote Originally Posted by ziggysmalls View Post
    Will Shia Lebeuf play Han Solo's son since he played Indiana's kid?

    Hmmmmmmm

    Michael Bay directing?

    Hmmmmmmm

    Justin Bieber as Lukes kid?


    Seriously I don't know much if anything about the books however I think Han and Leia get married and have a kid. I have a guy to play Han Solo. Sawyer from LOST.

    Always thought if they ever rebooted the originals, he could play Han.

    Ok flame away.
    Too masculine.
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

    Hurricane Halen - Let's all gingery touch our sword tips!!!

    DONATE TO THE LINKS YA CHEAP BASTARDS!!!!

  12. #12
    Atomic Punk lovemachine97(Version 2)'s Avatar
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    Default

    Lucas' outline for Ep 7 called for Han, Luke, etc. to be 60 or 70 and appear, but they would not appear in 8 or 9. The main protagonist then would be Han and Leia's kid.

  13. #13
    Outta Space Cowboy Scotty's Avatar
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    This will more than likely suck.

  14. #14
    Good Enough JakeK21's Avatar
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    I'm optimistic that this will be good. With what they've done in the Marvel world, I think there's a lot of potential here. Weren't a bunch of Stark Trek fans doubting the JJ Abrams flick, but then suddenly shut up once they saw it?

  15. #15
    Atomic Punk Dave's Dreidel's Avatar
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    12.18.17 @ 03:51 AM
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    Ah, so different than the expanded universe timeline.

    Either way, I think Disney handling it will make it so much fucking better. He's the visionary, but he just isn't really that good of a writer, in my humble opinion, especially dialogue.

    The last half of Sith was pretty good, but damn, the first two and half prequels were scary bad.
    Taylor Swift is nice to look at. Adele can sing.

    Emperor Brett - "I can't believe you guys are analyzing song-by-song Van Halen III? What next, analyzing the script of Stroker Ace looking for some shred of Citizen Kane?"

    David Lee Roth did the impossible. He made Van Halen better. Deal with it!

    Preferred pronouns: he/him/his

    Hurricane Halen - Let's all gingery touch our sword tips!!!

    DONATE TO THE LINKS YA CHEAP BASTARDS!!!!

 

 

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