Wednesday, October 31, 2012

More Details on Lucasfilm/Disney Deal

I wrote a little bit ago about the deal Disney struck to buy Lucasfilms, and produce new Star Wars Movies (http://whisperinspace.blogspot.com/2012/10/disney-buys-star-wars.html).

Some more details on the Lucasfilm/Disney deal can be found here (http://www.nbcnews.com/business/disney-buying-lucasfilm-will-release-new-star-wars-movie-2015-1C6761343)

Key Points
  • Episode 7 will berelease in 2015
  • Disney Acquires Lucasfilm, ILM (Industrial Light and Magic), the rights to the Indiana Jones Franchise, and Skywalker Sound.
  • Lucas, as soleowner of Lucas Film, gets $4 Billion (yes, billion with a B) dollars is cash and Disney stock, and will become a 2.2% owner of Disney.
  • Lucas will be a creative consultant, which basically means he can give ideas and vision, but Disney can complete ignore him if he proposes wasting valuable film time on an unispiring love story (a.k.a. Episode 2).
I still view this as a great and exciting development, hopefully I won't be disappointed.

 

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