Disney to Buy LucasFilm for $4-Billion

Disney announced today that they will buy LucasFilm, including the Star Wars franchise for $4.05 billion. The major announcement came the same day the NYSE was closed due to one of the worse natural disasters to hit the east coast of the United States.

With the acquisition, Disney plans to release a new Star Wars film by 2015, currently dubbed Episode 7. While many die-hard fans are recoiling at the thought of another Episode 1, 2 and 3, Disney executives assure that George Lucas will only serve as a creative consultant on the new properties.

An investor call is set to take place at 4:30pmET and details of the press release were made public on 4-traders.com.

[Via Business Insider]

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18 Responses to Disney to Buy LucasFilm for $4-Billion

  1. What we would we prefer:
    – another three Star Wars films written and directed by George Lucas and made by all his "Yes" people
    – or more Star Wars by the same people who (via Marvel, also now a Disney property) gave us three Iron Man movies and The Avengers?
    I initially felt a disturbance in the Force with this announcement but upon reflection, I think it can be a good thing. Through Disney the franchise will have access to the best writers, directors and talent. It just depends how they want to take it. And I can imagine there will be all sorts of talented people lining up to work on new Star Wars films.

    • This is pretty much how I feel about it too. Frankly, after Episode 1, I'm just glad Lucas won't be directing/scripting the films anymore… (Seriously, was he channeling Stephanie Myer for that Anakin-Padme romance or what?)

    • I'm with you on this one. Disney owns A LOT of good movies, not just Disney movies. Remember, this is a company that also owns movies too dark to be labeled under Disney. This is a VERY VERY good thing for the Star Wars franchise. We can finally get away from Lucas and his inability to create a good Star Wars film.

    • New Star Wras movies, great. New writers, wonderful. The possibility of getting Joss Whedon, or dare I hope, JJ Abahms directing, Awesome!

      But what a letdown it's going to be when I go to Episode VII on opening night, light saber in hand, only to watch Tinkerbell fly out of the screen INSTEAD of the 20th Century Fox searchlights and fanfare. A little something in me might die that night.

    • While I'm generally groaning at the thought of another Star Wars movie – is it really necessary? – the concept of Disney producing it doesn't bother me.

      Why? Because The Empire Strikes Back is considered the best of the six, yes? The one that was both not directed by Lucas, nor had the screenplay written by him.

  2. Musical numbers, cute kid toy characters, and a moral lesson with each movie. I hear the sound of a million face palms planting all at once and suddenly silenced.

  3. The thing that throws me off is the fact they're making an episode 7, with the same characters, and not exploring the absolutely huge universe and possibilities out there.

    Do. not. want.

  4. ALL STAR CAST

    Justin Bieber as Luke
    Colin Farrell as Han Solo
    Lindsay Lohan as Leia
    Ben Affleck as Ben Obi-Wan Kenobi
    Owen Wilson as C-3PO
    Will Ferrell as R2-D2
    Arnold Schwarzenegger as Chewbacca
    Sylvester Stallone as Darth Vader

    Two male unknown actors playing Uncle Owen and Uncle Andy that are in a loving relationship STILL fighting for the right to marry two centuries later…

  5. I'd like to point out for all the doomsayers that the same stuff was said when Disney bought out Marvel, and that's turned out pretty good so far. Disney owns Marvel, Pixar and Miramax to name a few and not one of them were turned into something they weren't before Disney bought them. In fact, all of them have improved in quality since Disney acquired them. So far Disney has a pretty good track record of throwing money at talented, creative people in their respective company and letting them do their thing. Disney is the reason we have a Marvel studios with a shared cinematic universe that made Avengers possible. Disney is the reason why Pixar has turned out pretty consistently quality movies. Hate all you want over random speculation, but right now this buy out has given Star Wars fans something that they haven't had in over a decade- a chance for Star Wars to continue in a way that isn't completely controlled by Lucas and his yes men. Star Wars has always been better when Lucas was a creative consultant and other, talented people were left to do the heavy lifting. It's why Empire Strikes Back turned out so well. It's the reason why the Clone Wars series, while it has a few misses each season, has grown to be a pretty good series. The reason the prequels sucked is because Lucas had complete control and no one had the stones or the power to tell him differently.

  6. Honestly, I think that Disney might be able to give us a watchable addition to the Star Wars family, but come on, let's be honest here; do we really need or want another movie? We've been perfectly satiated by the show and other merch, which George has been perfectly happy to "provide" us with. So, ultimately, I don't mind if they make another, but I can't help but ask, "Why?"

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