website statistics
Disney is planning to release 'Star Wars Episode 7' by the year 2015. To that end, it has now acquired Lucasfilm for a whopping sum of $4.05 billion.
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...

For those of us who have been fans of both the Disney productions as well as the Star Wars franchise, here are some great news. Disney has now acquired Lucasfilm for a whopping sum of $4.05 billion. The company plans to create ‘Star Wars Episode 7’ by banking on this acquisition.


Disney Lucasfilm Deal

The deal has been rather neat and swift since Lucasfilm was formerly owned, in its entirety, by the founder of the company, George Lucas. Of the agreed $4.05 billion, Disney will be paying half the sum as cash and the rest of it as stock.

Lucasfilm is credited as the main company which was behind the creation of Star Wars, having released a number of Star Wars episodes over a long time.

According to George Lucas, “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.”

Whereas Disney now have full ownership of Lucasfilm, the current co-chairman of Lucasfilm Kathleen Kennedy will continue to serve as president of the company and will report directly to Disney Chairman. It is under Kathleen’s lead that Disney hopes of creating the 7th episode of Star Wars, hoping to release it by 2015.

Source: Disney

Courtesy: All Things D

[ttjad keyword=”xbox-360″]


[Tutorial] How To Move Application To Memory Card On Android

Ford Racing Unveiled “Twin-turbo Mustang Cobra Jet” Drag Racing Car At SEMA
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On October 31, 2012(3 years, 6 months ago.)

You May Also Like:

What Do You Think?

1 Response

  1. Tsais Says:

    Oh George, that is so kind of you to pass the franchise on to a new generation of hacks, err, I mean film makers.

    Your altruism reflects in the fact that you took a meager 4.5 billion, not without, of course, having nearly destroyed the franchise with barely watchable sequels.

    It was wise to take half in Disney stock, since the green paper involved in the cash part of the transaction is probably not worth the paper its printed on for much longer…

    Posted on November 1st, 2012 at 6:45 PM

Leave a Reply




Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

Check out the quickest way to enable or disable the Google Chrome notifications for Desktop if you are finding it a bit challenging.
Learn how to find out Apple iPhone's IMEI and Serial number even if your phone is stolen or you don't have the device on your hand.
Now you can set custom ringtones to individual skype contacts on android. It's easy to setup. Take a look.
Now you can install Microsoft's Cortana on Android devices. It's pretty easy to install. Follow the steps below, check the screenshot.
Want to install Android lollipop 5.0.2 on pc? This post is for you. It's pretty easy to install and run. Just take a look.
With our partnership with Mode Media, we just got a jump start. Here is our first story of hand picked curated content on Android Tutorials.
Want to change theme on android ? We will show you how to change theme on android. It will makes your phone looks like new and smart.
You can record your screen on android very easily. No root Required. All you have to need a pc and USB cable. Let's find out.
A simple tutorial on how-to block a phone number on Android device, without an external app. Its pretty easy and straight-forward. Take a look.
Here we will show how to take Screenshot on your Apple Watch.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook