The full press release is pasted below, but for now the highlights:
- The biggest piece of news is obviously A NEW STAR WARS MOVIE. No, I am not going to stop using all caps inappropriately. Disney states they are on target for a new movie in 2015. Yes, Star Wars: Episode VII is a thing.
- George Lucas says: ""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."
- More feature films are planned to grow the saga.
- The press release does not mention the live action series that's supposedly almost ready to go. But maybe Disney would have the money needed to move forward?
- It mentions the successful relationship between Lucasfilm and Disney on theme park attractions. Does this mean a whole Star Wars theme park?
Burbank, CA and San Francisco, CA, October 30, 2012 – Continuing its strategy of delivering exceptional creative content to audiences around the world, The Walt Disney Company (NYSE: DIS) has agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm Chairman and Founder, George Lucas.
Under the terms of the agreement and based on the closing price of Disney stock on October 26, 2012, the transaction value is $4.05 billion, with Disney paying approximately half of the consideration in cash and issuing approximately 40 million shares at closing. The final consideration will be subject to customary post-closing balance sheet adjustments.
"Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas," said Robert A. Iger, Chairman and Chief Executive Officer of The Walt Disney Company. "This transaction combines a world-class portfolio of content including Star Wars, one of the greatest family entertainment franchises of all time, with Disney's unique and unparalleled creativity across multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value."
"For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next," said George Lucas, Chairman and Chief Executive Officer of Lucasfilm. "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."
Under the deal, Disney will acquire ownership of Lucasfilm, a leader in entertainment, innovation and technology, including its massively popular and "evergreen" Star Warsfranchise and its operating businesses in live action film production, consumer products, animation, visual effects, and audio post production. Disney will also acquire the substantial portfolio of cutting-edge entertainment technologies that have kept audiences enthralled for many years. Lucasfilm, headquartered in San Francisco, operates under the names Lucasfilm Ltd., LucasArts, Industrial Light & Magic, and Skywalker Sound, and the present intent is for Lucasfilm employees to remain in their current locations.
Kathleen Kennedy, current Co-Chairman of Lucasfilm, will become President of Lucasfilm, reporting to Walt Disney Studios Chairman Alan Horn. Additionally she will serve as the brand manager for Star Wars, working directly with Disney's global lines of business to build, further integrate, and maximize the value of this global franchise. Ms. Kennedy will serve as executive producer on new Star Wars feature films, with George Lucas serving as creative consultant. Star Wars Episode 7 is targeted for release in 2015, with more feature films expected to continue the Star Wars saga and grow the franchise well into the future.
The acquisition combines two highly compatible family entertainment brands, and strengthens the long-standing beneficial relationship between them that already includes successful integration of Star Wars content into Disney theme parks in Anaheim, Orlando, Paris and Tokyo.
Driven by a tremendously talented creative team, Lucasfilm's legendary Star Warsfranchise has flourished for more than 35 years, and offers a virtually limitless universe of characters and stories to drive continued feature film releases and franchise growth over the long term. Star Wars resonates with consumers around the world and creates extensive opportunities for Disney to deliver the content across its diverse portfolio of businesses including movies, television, consumer products, games and theme parks.Star Wars feature films have earned a total of $4.4 billion in global box to date, and continued global demand has made Star Wars one of the world's top product brands, and Lucasfilm a leading product licensor in the United States in 2011. The franchise provides a sustainable source of high quality, branded content with global appeal and is well suited for new business models including digital platforms, putting the acquisition in strong alignment with Disney's strategic priorities for continued long-term growth.
The Lucasfilm acquisition follows Disney's very successful acquisitions of Pixar and Marvel, which demonstrated the company's unique ability to fully develop and expand the financial potential of high quality creative content with compelling characters and storytelling through the application of innovative technology and multiplatform distribution on a truly global basis to create maximum value. Adding Lucasfilm to Disney's portfolio of world class brands significantly enhances the company's ability to serve consumers with a broad variety of the world's highest-quality content and to create additional long-term value for our shareholders.
The Boards of Directors of Disney and Lucasfilm have approved the transaction, which is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act, certain non-United States merger control regulations, and other customary closing conditions. The agreement has been approved by the sole shareholder of Lucasfilm.
Not sure whether vomit from this upset or jump for joy for FINALLY EPISODES 7 - 9... or fall into a deep depression cause Disney now owns MARVEL AND LUCAS ARTS!!! THEY'RE TRYING TO TAKE OVER THE WORLD!!! @.o°
ReplyDeleteJust so long as they keep George the heck away from the scripts.
ReplyDeleteBest possible curator for Star Wars, maybe even better than Lucas himself.
ReplyDeleteA friend at Disney claims that Lucas has made no secret that he has always wanted Disney to take over the franchise. He gets his wish, apparently.
I'm cautiously optimistic.
ReplyDeleteI have to agree with the cautiously optimistic. I think that Disney is the right place for it, I think that they'll do some cool things with it as well. As for Episode 7... we'll see what happens and what they do with it.
ReplyDelete
ReplyDeleteفني صحي الكويت
نقل عفش بالكويت
سباك الكويت
شركة تسليك مجاري الكويت
شراء اثاث مستعمل الكويت شركة شراء الاثاث المستعمل بالكويت
شركة شحن من الكويت لمصر شحن من الكويت الى مصر
Good site with informative post. Liked it.
ReplyDeleteCompany formation in UAE
ReplyDeleteThe information which you have provided is really nice and awesome. Provides some very useful insights of how things actually work. I want to share something more about this as well.
online casino
I am happy with your article, Fajartoto think your website is pretty good. Many articles are very useful for everyone. I am sure your website will grow in the future. Fajartoto will always support your website, hopefully more advanced. keep the spirit... thanks
ReplyDeletetogel online
bandar togel terbesar
bandar togel terpercaya
bandar togel sgp
situs togel resmi
togel online terpercaya
agen togel
agen togel terpercaya
prediksi sgp
syair togel hk
congratulation disney :) bandar togel
ReplyDeletePackers and movers in Nhava-Sheva
ReplyDeletePackers and movers in Nilaje
Packers and movers in Palasdari
Packers and movers in Sagar Sangam
This information enriches my knowledge. I can understand more about this issue and have a better general look gmail login
ReplyDeleteThe 46th Daytime Emmy Awards The Daytime Emmy Awards 2019 presented by the National Academy of Television Arts and Sciences, will honor the best in U.S. daytime television programming in 2018. The ceremony will be held on May 5, 2019, at the Daytime Emmy Awards 2019 Live Pasadena Civic Auditorium in Pasadena, California.
ReplyDeleteInformative blogs information, we have to thanks author.
ReplyDeleteAjman Free Zone Ajman Free Zone offshore formation
Ajman Media City Free Zone
a leading company with a decade old experience in business consultancy with expert professionals helps in the company registration, freezone company registration, company formation, company liquidation,
feliz año nuevo 2020 Thanks for sharing. I like this post because we can get some useful information from your blog. This blog is very nice
ReplyDeleteWhy we are better quickbooks online support
ReplyDeleteYou can also find our quickbooks help desk phone number for further details about how to contact our quickbooks customer support team. The contact details may vary depending on which quickbooks customer support product you use, so it's best to check the quickbooks online support number first. QuickBooks payroll support aims at solving every reported incident in the shortest possible timeframe. To do so, appropriate information is required.
quickbooks help support number
quickbooks online c hat help
quickbooks customer support phone number usa
quickbooks contact number usa
quickbooks help phone number usa
quickbooks customer care number
quickbooks support phone number
quickbooks customer service
quickbooks phone number
quickbooks support number
quickbooks online support
quickbooks customer service phone number
quickbooks customer support
quickbooks help number
quickbooks customer service number
quickbooks help desk phone number
quickbooks contact number
quickbooks support telephone number
quickbooks online support phone number
quickbooks online support number
quickbooks online phone number
quickbooks helpline
quickbooks customer care phone number
quickbooks customer support phone number
quickbooks helpline number
quickbooks telephone number
quickbooks help phone number
quickbooks customer support number
quickbooks customer care
quickbooks contact support phone number
quickbooks pro support
quickbooks desktop support phone number
quickbooks payroll support phone number
quickbooks toll free number
quickbooks helpline phone number
quickbooks customer service telephone number
quickbooks support contact number
quickbooks help desk number
quickbooks customer number
quickbooks help contact
Don’t hold back on the expression of your love and affection for them. They also specialize in providing transportation for corporate events. Their black corporate cars are the most famous in whole Vancouver. So, book their Vancouver Limousine Services now!
ReplyDeleteThe content of this article page, I find the content quite interesting and useful to me, thank you for sharing
ReplyDeletehttp://happyroom.online/ragdoll-zombie-slayer
We’re a group of volunteers and opening a new scheme in our community. Your website offered us with valuable information to work on.
ReplyDeletebuy marijuana online
You’ve done an impressive job and our entire community will be grateful to you.
marijuana for sale
vape pen for sale
buy marijuana online usa
buy marijuana online
buy weed online usa
buy weed online
marijuana for sale
order weed online
buy cannabis online
cannabis for sale
weed for sale online
weed for sale
buy pot online
buy cbd oil online
kush for sale
cbd oil for sale
dankwoods
dankwoods for sale
slactavis
space gummies thc
Excellent article. Keep writing such kind of information on your blog .
ReplyDeleteIm really impressed by it.
buy marijuana online
You’ve performed a fantastic job. I’ll definitely
digg it and for my part recommend to my friends. I’m confident they’ll be
benefited from this web site.
marijuana for sale
vape pen for sale
buy marijuana online usa
buy marijuana online
buy weed online usa
buy weed online
marijuana for sale
order weed online
buy cannabis online
cannabis for sale
weed for sale online
weed for sale
buy pot online
buy cbd oil online
kush for sale
cbd oil for sale
dankwoods
dankwoods for sale
weed cans for sale
Hello There. I found your blog using msn.This is a very well written article . I will be sure to bookmark it and come back to read more of your useful information. buy marijuana online . Thanks for the post. I will definitely return.
ReplyDeletemarijuana for sale
vape pen for sale
buy marijuana online usa
buy marijuana online
buy weed online usa
buy weed online
marijuana for sale
order weed online
buy cannabis online
cannabis for sale
weed for sale online
weed for sale
buy pot online
buy cbd oil online
kush for sale
cbd oil for sale
dankwoods
dankwoods for sale
Every weekend i used to visit this web site, because i wish for enjoyment .buy marijuana online
ReplyDeletefor the reason that this this site conations really good funny information too.
buy marijuana online usa
buy weed online usa
buy weed online
marijuana for sale
order weed online
buy cannabis online
cannabis for sale
weed for sale
order marijuana online
where to buy weed online
order cannabis online
weed shop online
online weed store
Hash for sale
buy pot online
cbd oil for sale
buy cbd oil online
dankwoods
dankwoods for sale
vape pen for sale
ReplyDeleteAlso known to come with crucial offerings for its sensible, down-to-earth and important clients,Russian Escorts in Agrareally means in fulfilling their lives with cheerful moments to make love in concern to ensure them live their lives in abetter way. Check our other Services...
Female Escorts in Agra
Russian Escorts in Agra
Escorts in Agra
Female Escorts in Agra
Russian Escorts in Agra
Simply Cash Rebate Online Shopping Sites | Best Cash Rebate Credit Card – Awesome Cashback Rebates:We are the ultimate cash rebate website that lets you register for free. Simply use our rebate finder to save hundreds of thousands of dollars. If you're looking for cashback sites like Rakuten, look no further.
ReplyDelete
ReplyDeleteThanks for Sharing
Do you want to Business Setup in UAE ? Contact business consultancy services in dubai| free zone & Offshore
company formation in dubai