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Forum namePass The Popcorn
Topic subjectDisney Buys Lucasfilm for $4.05B; New Star Wars Trilogy Coming (swipe)
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=6&topic_id=629361&mesg_id=629361
629361, Disney Buys Lucasfilm for $4.05B; New Star Wars Trilogy Coming (swipe)
Posted by bloocollar, Tue Oct-30-12 02:26 PM
Yes, I changed the subject line, because this is a big, big deal...

BTW, this George Lucas on the rest of us:

http://youtu.be/6j-8ylYp2-o



Original Post

>Star Wars Episode 7!!!!!!!!!!!!!

http://www.hollywoodreporter.com/news/disney-buy-lucasfilm-405-billion-384448

Disney to Buy Lucasfilm for $4.05 Billion; New 'Star Wars' Movie in the Works

Kathleen Kennedy, current co-chair of Lucasfilm, will become Lucasfilm's president, reporting to Walt Disney Studios chair Alan Horn as part of stock and cash transaction.

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.

Kathleen Kennedy, current co-chair of Lucasfilm, will become Lucasfilm's president, reporting to Walt Disney Studios chair Alan Horn as part of the stock and cash transaction. Disney is paying approximately half the price in cash and will issue 40 million shares of stock on Tuesday, the company said in a statement.

Kennedy will serve as executive producer on new Star Wars feature films, with the franchise's creator and Lucasfilm founder George Lucas serving as creative consultant.

“For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said Lucas, chairman and CEO of Lucasfilm, in a statement. “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.”