Disney Acquires Lucasfilm, Star Wars: Episode 7 Coming in 2015
George Lucas, whether you think he lost his genius years ago, or still has some sense somewhere deep down, issued a statement of confidence:
“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.”
Don’t forget, Disney bought Marvel not too long ago, and they own ESPN, so it can now add Lucasfilm to its stable of prominent properties under its belt.
The transaction is valued at just over four billion dollars, with Disney paying half of that, and providing forty million shares of stock. The investor conference call to make it all official will take place at 4:30 PM EST.
(via The Walt Disney Company)
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