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onehandle

(51,122 posts)
Tue Oct 30, 2012, 04:01 PM Oct 2012

Disney to Buy Lucasfilm in Deal Worth Over $4 Billion

Last edited Tue Oct 30, 2012, 04:40 PM - Edit history (3)

Source: CNBC

Walt Disney announced Tuesday that it has agreed to acquire Lucasfilm, the film company founded by Star Wars creator George Lucas, in a cash-and-stock deal worth $4.05 billion.

The deal is a rough equivalent to what the conglomerate paid for Marvel Entertainment back in 2009. Disney will pay half of the deal in cash and will issue 40 million shares at closing.

Lucasfilm was founded and is owned by George Lucas, producer of Star Wars and Indiana Jones films. In a statement, Lucas said, 'It's now time for me to pass 'Star Wars' on to a new generation of filmmakers.'

Read more: http://www.cnbc.com/id/49613470



Maybe Lucasfilm will make a decent new Star Wars Trilogy to make up for Episodes 1, 2, and 3.

You know its coming. He said decades ago, that there would be 9 Episodes.

Lucas lost his artistry many, many years ago. He's so focused on cash, he sold his own name.

Confirmed: STAR WARS: EPISODE 7 feature film targeted for release in 2015.

http://thewaltdisneycompany.com/disney-news/press-releases/2012/10/disney-acquire-lucasfilm-ltd
41 replies = new reply since forum marked as read
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Disney to Buy Lucasfilm in Deal Worth Over $4 Billion (Original Post) onehandle Oct 2012 OP
Considering they've never made a good moving... jenw2 Oct 2012 #1
Darth Mickey Atman Oct 2012 #2
Holy smokes -- Hell Hath No Fury Oct 2012 #3
I know. I have a daughter who works at DreamWorks 99th_Monkey Oct 2012 #16
Think Pixar Brother Buzz Oct 2012 #24
Disney is too big for its own good. n/t NEOBuckeye Oct 2012 #32
Disney is zip without acquiring new avenues of creativity Brother Buzz Oct 2012 #33
Their first big project will be to re-make Jaws slackmaster Oct 2012 #4
Singing Sharks bpj62 Oct 2012 #7
Not True bpj62 Oct 2012 #5
They treat their employees like excrement. Artists used to refer to Disney Studios as "Mauschwitz." slackmaster Oct 2012 #11
I think the animus towards Disney is not so much their product line, but that they, combined with Ge LanternWaste Oct 2012 #15
This is shrewd because Disney films didn't suck quite enough cthulu2016 Oct 2012 #6
Maybe now I can get the original trilogy on Blu-Ray Lakerstan Oct 2012 #8
I have the original trilogy on LaserDisc. onehandle Oct 2012 #9
Anything for money high density Oct 2012 #25
Oh shit. Things are going to suck more now. craigmatic Oct 2012 #10
I am your father, Mickey Bosonic Oct 2012 #12
lol dipsydoodle Oct 2012 #20
awesome. lol. nt alphafemale Oct 2012 #22
So Disney has bought Pixar, Marvel, now Lucas (plus ABC, ESPN, etc.) begin_within Oct 2012 #13
Pixar is also in the Bay Area KamaAina Oct 2012 #14
I have a bad feeling about this Firebirds01 Oct 2012 #17
Holy Shit! StlMo Oct 2012 #18
I don't care who makes the films, mys on and I are happy they are getting made. mikeysnot Oct 2012 #19
Get ready for "Only for a limited time." editions of Star Wars. Crowman1979 Oct 2012 #21
Fine with me, as long as we finally get the *original* original movies!!! Roland99 Oct 2012 #23
Disney has been in partnership with Lucas Films for years liberal N proud Oct 2012 #26
That's no moon . . . ET Awful Oct 2012 #27
Considering everything PIXAR does is amazing and the last 4 movies Lucas did sucked Quixote1818 Oct 2012 #28
Disney has absolutely nothing to do with Pixar in terms of creativity Alekei_Firebird Oct 2012 #30
I'm not a Star Wars fan, but wasn't Return of the Jedi considered a good movie? (eom) StevieM Oct 2012 #35
I was referring to the last Indiana Jones movie. Yes, I liked Return of the Jedi Quixote1818 Oct 2012 #39
"Return of the Jedi" is the weakest of the original trilogy Alekei_Firebird Oct 2012 #40
Lucas never had any artistry... See The Hidden Fortress Ohio Joe Oct 2012 #29
Yet another example of stale Hollywood "ideas". Watch TV instead, people! Alekei_Firebird Oct 2012 #31
Maybe with the 4 billion bayareaboy Oct 2012 #34
Does the world need more Star Wars movies? kwassa Oct 2012 #36
Maybe the new films will be good, maybe they won't Wraith20878 Oct 2012 #37
The only way I approve of this is if I get some goddamn Grand Admiral Thrawn. Volaris Oct 2012 #38
yet another mega-merger for the corporate entertainment industry Adenoid_Hynkel Oct 2012 #41
 

99th_Monkey

(19,326 posts)
16. I know. I have a daughter who works at DreamWorks
Tue Oct 30, 2012, 05:03 PM
Oct 2012

and she feels this is a BFD that will effect the entire industry.

Brother Buzz

(36,127 posts)
33. Disney is zip without acquiring new avenues of creativity
Tue Oct 30, 2012, 09:55 PM
Oct 2012

Left to develop their own property on their own, they will die on the vine; a slow agonizing death.

bpj62

(997 posts)
5. Not True
Tue Oct 30, 2012, 04:16 PM
Oct 2012

I know that DU is full of anti Disney people but my children have grown up watching many of the Disney movies and it has given them great joy. One of my favorite movies is 20,000 Leagues under the Sea. Yes Disney is corporate and owns ABC but let me tell you this they have done nothing but make my children happy whether it is at the parks or one of the many vacation resorts that they have. They also went out of their way a few years ago to make sure that gays and lesbians were welcome in thier parks.

 

slackmaster

(60,567 posts)
11. They treat their employees like excrement. Artists used to refer to Disney Studios as "Mauschwitz."
Tue Oct 30, 2012, 04:26 PM
Oct 2012
 

LanternWaste

(37,748 posts)
15. I think the animus towards Disney is not so much their product line, but that they, combined with Ge
Tue Oct 30, 2012, 04:52 PM
Oct 2012

I think the animus towards Disney is not so much their product line, but that they, combined with General Electric and Westinghouse own over 85% of all U.S. print and electronic media publishing/distribution outlets, reducing overall consumer choice.

 

KamaAina

(78,249 posts)
14. Pixar is also in the Bay Area
Tue Oct 30, 2012, 04:38 PM
Oct 2012

in Emeryville, just across the Bay Bridge from SF, where Lucasfilm is based in the Presidio.

So Disney now owns our entire film industry, as well as ABC Channel 7.

mikeysnot

(4,755 posts)
19. I don't care who makes the films, mys on and I are happy they are getting made.
Tue Oct 30, 2012, 05:20 PM
Oct 2012

I actually like the first trilogy. sorry.

My son saw them in chronological order and he enjoys them as do I.

We also enjoy the clone wars on Cartoon network.

It is fucking fantasy for crying out loud.

Quixote1818

(28,896 posts)
28. Considering everything PIXAR does is amazing and the last 4 movies Lucas did sucked
Tue Oct 30, 2012, 08:32 PM
Oct 2012

This is probably a good thing.

Alekei_Firebird

(320 posts)
40. "Return of the Jedi" is the weakest of the original trilogy
Wed Oct 31, 2012, 02:47 AM
Oct 2012

It's too bloated and doesn't introduce anything new, as all its major setpieces were done before and better.

Battle of Yavin > Battle of Endor

"Empire" duel > "Return" duel

Ewok fight = Ridiculous

Alekei_Firebird

(320 posts)
31. Yet another example of stale Hollywood "ideas". Watch TV instead, people!
Tue Oct 30, 2012, 08:49 PM
Oct 2012

On TV, you may actually see real characters and lots of diversity.

In the movies, all you see nowadays are the wet dreams of man-child producers and directors.

bayareaboy

(793 posts)
34. Maybe with the 4 billion
Tue Oct 30, 2012, 09:59 PM
Oct 2012

George Lucas can buy the rest of Western Marin County.

I met the man twice out there and was not impressed.

Volaris

(10,251 posts)
38. The only way I approve of this is if I get some goddamn Grand Admiral Thrawn.
Wed Oct 31, 2012, 12:57 AM
Oct 2012

Otherwise, all parties involved can kiss my ass, and I'll go back to playing Old Republic and Force Unleashed.

 

Adenoid_Hynkel

(14,093 posts)
41. yet another mega-merger for the corporate entertainment industry
Wed Oct 31, 2012, 04:11 AM
Oct 2012

George's journey to the dark side is now complete!
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