Published On: Tue, Oct 30th, 2012

Disney spends $4.5 billion to acquire Star Wars universe, Lucasfilm -sets new film for 2015 VIDEO

Bob Iger just announced that The Walt Disney Company is acquiring Lucasfilm, the global entertainment company founded by George Lucas and the home of the legendary Star Wars franchise.

UPDATE: The sales figure was officially confirmed as $4.05 billion

In addition to getting the rights to the franchise, Disney is also acquiring all of Lucasfilm’s operating businesses – including Industrial Light and Magic and Skywalker Sound.

Couple of highlights of the deal (see below):

  • New film (Star Wars 7) set for 2015
  • Lucas stays on as Creative Consultant
  • Kathleen Kennedy will become President of Lucasfilm


Disney was proud to offer even more details:

Did you know? The Star Wars universe now has more than 17,000 characters inhabiting several thousand planets spanning 20,000 years. This gives Disney infinite inspiration and opportunities to continue the epic Star Wars saga. Fans can expect a new feature film, Star Wars Episode 7, in theaters worldwide in 2015. George Lucas will serve as creative consultant on the film and Kathleen Kennedy, the filmmaker George handpicked to lead Star WarsIndiana Jones and the rest of Lucasfilm into the future will be the executive producer (she’s also joining Disney as president of Lucasfilm). With this many characters to develop and stories to tell, Disney plans to release a new Star Wars feature film every two or three years for the foreseeable future.

We’ve actually had a great working relationship with Lucasfilm for years — with Star Warsand Indiana Jones themed attractions in our parks in Anaheim, Orlando, Paris and Tokyo. So, we’re starting with a strong foundation and compatible brands – and the addition of Lucasfilm Ltd. will support our growth strategy and create even more opportunity for Disney to create incredible entertainment and drive significant long-term value for our shareholders.

You can find more information about Disney’s exciting acquisition of Lucasfilm here.

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About the Author

- Writer and Co-Founder of The Global Dispatch, Brandon has been covering news, offering commentary for years, beginning professionally in 2003 on Crazed Fanboy before expanding into other blogs and sites. Appearing on several radio shows, Brandon has hosted Dispatch Radio, written his first novel (The Rise of the Templar) and completed the three years Global University program in Ministerial Studies to be a pastor. To Contact Brandon email [email protected] ATTN: BRANDON

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