Disney Acquires Lucasfilm For $4.05 Billion; Plans To Release ‘Star Wars: Episode 7’ In 2015
Tuesday, October 30th, 2012 at 6:04 pm
In 2009, Disney shocked the world by purchasing Marvel Comics. While many were worried that the comic property would be Disneyfied, in the years that the Mouse House has owned it, nothing has really changed. Now Disney is making yet another large acquisition that no one could have ever seen coming.
Disney has bought Lucasfilm for $4.05 billion. This is the biggest thing to happen to the studio since Alan Horn took over the motion picture department. But this also means that there will be some corporate restructuring for Lucasfilm. According to THR, current co-chairKathleen Kennedy will be demoted to president of the studio. However she will serve as the executive producer of the long-awaited Star Wars: Episode VII, which is scheduled to be released some time in 2015. There are also plans to release a Star Wars film once every two years. George Lucas will continue to stay in the loop as he will be the creative consultant to Episode VII.
Here is Lucas commenting on the brand new deal that was inked with Disney:
“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.”
Disney’s handling of the Marvel Studios’ properties should be a clear indication that they will not meddle with the affairs of certain properties by Disneyfying them. Though we may not know what we will see in Episode VII, there is still a lot about this deal we do not know about. For instance, 20th Century Fox, which has been distributing the Star Wars film, had plans to re-release the installments in 3D for the next few years. How this deal affects those plans are unknown. There is also the issue with the animated Clone Wars series which is housed at Cartoon Network. We also do not know who will direct Episode VII, but seeing that the film is coming two years from now, I’m sure Disney is already making a few calls to some high-profiled directors.
So what do you think about this deal? Who would you like to see direct Episode VII?