Announcement

Collapse
No announcement yet.

Disney to Acquire LucasFilm

Collapse

Get Away Today

Collapse
This topic is closed.
X
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • News Disney to Acquire LucasFilm

    Fresh off the rumor mill. Rumored for awhile though. Disney to acquire Lusasfilm for 4 billion. Hello Darth and Indy. It really is your home now

    EDIT: Here is the official Disney Press Release

    DISNEY TO ACQUIRE LUCASFILM LTD. | The Walt Disney Company

    Burbank, CA and San Francisco, CA, October 30, 2012 – 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 Warsfranchise 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.
    Last edited by Dustysage; 10-30-2012, 08:36 PM. Reason: Added Press Release
    Writing about all things Disney, a couple of paragraphs at a time

    http://disneylandtraveler.blogspot.com/

    75,000+ page views and counting.

  • #2
    Re: Disney to Acquire Lucusfilm

    Originally posted by DisneylandTraveler View Post
    Fresh off the rumor mill. Rumored for awhile though. Disney to acquire Lusasfilm for 4 billion. Hello Darth and Indy. It really is your home now
    Just saw that, jeez..
    Last edited by Disneymike; 10-30-2012, 12:26 PM.

    Comment


    • #3
      Re: Disney to Acquire Lucusfilm

      Source please.

      I don't think this is happening anytime soon.
      "Greetings, Starfighter! You have been recruited by the Star League to defend the Frontier against Xur and the Ko-Dan Armada."

      Comment


      • #4
        Re: Disney to Acquire Lucusfilm

        Disney to Buy Lucasfilm for $4.05 Billion; New 'Star Wars' Movie in the Works - The Hollywood Reporter
        sigpic

        Comment


        • #5
          Well... Star Tours is a Disney movie attraction now....

          Disney to Acquire Lucasfilm Ltd. - Yahoo! News

          Comment


          • #6
            Re: Disney to Acquire Lucusfilm

            It's starting to look like a real deal.
            Also Star Wars ep 7 announced.

            Deadline Hollywood has it on their site.

            UPDATE: BREAKING: 'Star Wars 7' Slated For 2015 Release As Disney Buys Lucasfilm - Deadline.com


            Last edited by Crazy Larry; 10-30-2012, 12:24 PM.
            Crazy Larry loves ya! ......Hurry up before they lock me up!

            Stop by my website
            http://www.ericedunn.com/

            Comment


            • #7
              Re: Disney to Acquire Lucusfilm

              I'd love to see this happen.
              I open a toy, review it and take mediocore pictures. Read all about it HERE!

              Originally posted by VintageMouse;n8463446

              You know best :-)

              Comment


              • #8
                Re: Disney to Acquire Lucusfilm

                I stand corrected. Maybe this rumor has more teeth to it than I thought.
                "Greetings, Starfighter! You have been recruited by the Star League to defend the Frontier against Xur and the Ko-Dan Armada."

                Comment


                • #9
                  Re: Disney to Acquire Lucusfilm

                  If that article is correct, then...

                  The Walt Disney Company has acquired Lucasfilm for $4.05 billion in cash and stock, and announced a new Star Wars movie to be released in 2015.
                  ...so be it Jedi. Interesting move on George Lucas part, passing the torch. So George, you just sold Lucasfilm for 4 billion bucks, what are you gonna do now?

                  "I'm going to Disneyland."
                  Stalking is when two people go for a long romantic walk together but only one of them knows about it.

                  Comment


                  • #10
                    Re: Disney to Acquire Lucusfilm

                    It is happening. Mods, can you reclassify this as "NEWS", not "RUMOUR"
                    "She's taking everything. She's taking the house, she's taking the kid, she's taking the dog. IT'S NOT EVEN HER DOG. IT'S MY DOG! SHE'S TAKING . . . MY DOG!"
                    - Ron Livingston, "Band of Brothers"

                    Comment


                    • #11
                      Re: Well... Star Tours is a Disney movie attraction now....

                      I guess that means everyone will want it removed from the parks and treat it like Marvel..... I myself think it's a great move!!!
                      These are some of my favorite TRs I have posted

                      DL 55th BDAY trip report
                      My company had a special night at the park
                      WdW trip report with WWoHP
                      NYE 2011 trip report
                      Mice Chat 7th anniversary
                      Leap year 24 hour report
                      New DCA trip report
                      NYE 2012
                      HKDL trip report

                      Comment


                      • #12
                        Re: Disney to Acquire Lucusfilm

                        Funny how everyone was talking about this just a few weeks ago in the Marvel post. Welcome to the family, Star Wars.



                        DISNEY TO ACQUIRE LUCASFILM LTD. | The Walt Disney Company


                        Comment


                        • #13
                          Re: Well... Star Tours is a Disney movie attraction now....

                          DISNEY TO ACQUIRE LUCASFILM LTD. | The Walt Disney Company

                          Welcome to the family!


                          Comment


                          • #14
                            Re: Well... Star Tours is a Disney movie attraction now....

                            Indy is now also a Disney Movie-inspired ride.
                            "She's taking everything. She's taking the house, she's taking the kid, she's taking the dog. IT'S NOT EVEN HER DOG. IT'S MY DOG! SHE'S TAKING . . . MY DOG!"
                            - Ron Livingston, "Band of Brothers"

                            Comment


                            • #15
                              Re: Disney to Acquire Lucusfilm

                              woohoo I like this
                              These are some of my favorite TRs I have posted

                              DL 55th BDAY trip report
                              My company had a special night at the park
                              WdW trip report with WWoHP
                              NYE 2011 trip report
                              Mice Chat 7th anniversary
                              Leap year 24 hour report
                              New DCA trip report
                              NYE 2012
                              HKDL trip report

                              Comment


                              • #16
                                Re: Well... Star Tours is a Disney movie attraction now....

                                Originally posted by biggsworth View Post
                                I guess that means everyone will want it removed from the parks and treat it like Marvel..... I myself think it's a great move!!!

                                Was just thinking that myself an chuckling

                                Hey Star Wars and IJA were bought by Disney and put in the park. Sacrilege!
                                There is no right or wrong in this debate. It is simply a matter of perspective.
                                -Dr. Strange

                                Comment


                                • #17
                                  Re: Disney to Acquire Lucusfilm

                                  Originally posted by Giant Panda View Post
                                  It is happening. Mods, can you reclassify this as "NEWS", not "RUMOUR"
                                  And correct the spelling of "Lucus" too.

                                  Comment


                                  • #18
                                    Re: Disney to Acquire Lucusfilm

                                    Couldnt be any worse than 1-3 lol
                                    There is no right or wrong in this debate. It is simply a matter of perspective.
                                    -Dr. Strange

                                    Comment


                                    • #19
                                      Re: Disney to Acquire Lucusfilm

                                      Also a top story on TMZ ya'll

                                      Disney Buys Lucasfilm for $4 BILLION -- NEW STARS WARS ANNOUNCED | TMZ.com
                                      Crazy Larry loves ya! ......Hurry up before they lock me up!

                                      Stop by my website
                                      http://www.ericedunn.com/

                                      Comment


                                      • #20
                                        Re: Disney to Acquire LucasFilm

                                        Click image for larger version

Name:	318774_520333567978689_2052530007_n.jpg
Views:	2
Size:	23.5 KB
ID:	7345255

                                        Above picture was released by D23
                                        Last edited by clippers6; 10-30-2012, 12:32 PM. Reason: added source for picture

                                        Comment

                                        Get Away Today Footer

                                        Collapse
                                        Working...
                                        X