The Force comes to Disney
Disney News: Disney acquires Lucasfilm LTD
Iron Man and Buzz Lightyear, there’s a new kid on the block: Luke Skywalker. Along with Jedis, Darth Vadar and other cherished characters in Star Wars, they will be the newest heros at Disney now that Lucasfilm Ltd. was purchased for $4 billion. In 2009, Disney purchased Marvel for $3.96 billion and in 2006, it bought Pixar for $7.6 billion. This is Disney’s third acquisition of a major studio within a ten year period.
New Star Wars movie
Along with the announcement, Disney indicated that a new Star Wars film will be released in 2015: Star Wars Episode VII and that more films will be released to grow the Star Wars saga.
Lucasfilm co-chairman Kathleen Kennedy will become president of Lucasfilm under Disney and serve as Star Wars brand manager. George Lucas will be a creative consultant but since forming the company in 1971, he will retire. Disney acquires all of the subsdiaries of Lucasfilm: game company LucasArts, Industrial Light & Magic and Skywalker Sound.
What do you think of Disney’s new acquisition?