Disney buys Lucasfilm: ‘Star Wars Episode 7’ scheduled for 2015
October 30, 2012 - Disney is paying $4.05 billion to buy Lucasfilm Ltd., the production company behind “Star Wars,” from its chairman and founder, George Lucas. It’s also making a seventh movie in the “Star Wars” series.
The Walt Disney Co. announced the agreement to make the purchase in cash and stock Tuesday. Disney added that “Star Wars Episode 7” is scheduled for release in 2015.
The deal brings Lucasfilm under the Disney banner with other brands including Pixar, Marvel, ESPN and ABC.
Kathleen Kennedy, the current co-chairman of Lucasfilm, will become its president and report to Walt Disney Studios Chairman Alan Horn. Lucas will be creative consultant on new “Star Wars” films.
Lucas said in a statement, “It’s now time for me to pass ‘Star Wars’ on to a new generation of filmmakers.”
The Walt Disney Co. announced the agreement to make the purchase in cash and stock Tuesday. Disney added that “Star Wars Episode 7” is scheduled for release in 2015.
The deal brings Lucasfilm under the Disney banner with other brands including Pixar, Marvel, ESPN and ABC.
Kathleen Kennedy, the current co-chairman of Lucasfilm, will become its president and report to Walt Disney Studios Chairman Alan Horn. Lucas will be creative consultant on new “Star Wars” films.
Lucas said in a statement, “It’s now time for me to pass ‘Star Wars’ on to a new generation of filmmakers.”
Sources and more information:
• Disney buying Lucasfilm for $4.05 billion
LOS ANGELES - Disney is paying 4.05 billion to buy Lucasfilm Ltd., the production company behind "Star Wars," from its chairman and founder, George Lucas. It's also making a seventh movie in the "Star Wars" series. The Walt Disney Co. announced the agreement to make the purchase in cash and stock Tuesday.
• Disney Buys Lucasfilm for $4.05 Billion, and have announced Star Wars: Episode 7 for 2015. WTF?!
• Disney to buy Lucasfilm, make a 7th Star Wars film
( via washingtonpost.com )
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