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Old 10-30-2012, 03:01 PM   #1
ABE4DISNEY
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Disney Just Bought LUCASFILM LTD. = Star Wars Franchise

Just scrolled across AP Business Wire!! Star Wars Land is a real possibility!!

Take that Harry Potter!

http://thewaltdisneycompany.com/disn...-lucasfilm-ltd

http://www.4-traders.com/THE-WALT-DI...-Ltd-15445015/
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Old 10-30-2012, 03:02 PM   #2
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So much for AvatarLand.

Though with the amount of Star Wars stuff you'll find at Disney Parks, it's hard to believe this didn't happen a long time ago.
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Old 10-30-2012, 03:02 PM   #3
t_daniels
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That, would be amazing.
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Old 10-30-2012, 03:05 PM   #4
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Then a bunch of people started commenting on it
I wondered if people really lived there and got to watch them every night
 
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I doubt Disney could top Forbidden Journey though. Spiderman's ride system is pretty good.

It'll be awesome to have Star War Land not Cars Land in DHS though.
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Old 10-30-2012, 03:06 PM   #5
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HERE.

Quote:
The Walt Disney Company : Disney to Acquire Lucasfilm Ltd.
10/30/2012|
03:55pm US/Eastern

Global leader in high-quality family entertainment agrees to acquire world-renowned Lucasfilm Ltd, including legendary STAR WARS franchise.

Acquisition continues Disney's strategic focus on creating and monetizing the world's best branded content, innovative technology and global growth to drive long-term shareholder value.

Lucasfilm to join company's global portfolio of world class brands including Disney, ESPN, Pixar, Marvel and ABC.

STAR WARS: EPISODE 7 feature film targeted for release in 2015.

An investor conference call will take place at approximately 4:30 p.m. EDT / 1:30 p.m. PDT today, October 30, 2012. Details for the call are listed in the release.

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 Wars franchise 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 Wars franchise 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.

Note: Additional information and comments from Robert A. Iger, chairman and CEO, The Walt Disney Company, and Jay Rasulo, senior executive vice president and CFO, The Walt Disney Company, regarding Disney's acquisition of Lucasfilm, are attached.

Investor Conference Call:

An investor conference call will take place at approximately 4:30 p.m. EDT / 1:30 p.m. PDT today, October 30, 2012. To listen to the Webcast, turn your browser to http://thewaltdisneycompany.com/investors/events or dial in domestically at (888) 771-4371 or internationally at (847) 585-4405. For both dial-in numbers, the participant pass code is 33674546.

The discussion will be available via replay on the Disney Investor Relations website through November 13, 2012 at 5:00 PM EST/2:00 PM PST.

About The Walt Disney Company

The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, interactive media, and consumer products. Disney is a Dow 30 company with revenues of over $40 billion in its Fiscal Year 2011.

About Lucasfilm Ltd.

Founded by George Lucas in 1971, Lucasfilm is a privately held, fully-integrated entertainment company. In addition to its motion-picture and television production operations, the company's global activities include Industrial Light & Magic and Skywalker Sound, serving the digital needs of the entertainment industry for visual-effects and audio post-production; LucasArts, a leading developer and publisher of interactive entertainment software worldwide; Lucas Licensing, which manages the global merchandising activities for Lucasfilm's entertainment properties; Lucasfilm Animation; and Lucas Online creates Internet-based content for Lucasfilm's entertainment properties and businesses. Additionally, Lucasfilm Singapore, produces digital animated content for film and television, as well as visual effects for feature films and multi-platform games. Lucasfilm Ltd. is headquartered in San Francisco, California.
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Old 10-30-2012, 03:06 PM   #6
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I actually found this more shocking. (found it with an article about the acquisition)

Quote:
STAR WARS: EPISODE 7 feature film targeted for release in 2015.
Though I can't find any more info about it.
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Old 10-30-2012, 03:07 PM   #7
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Quote:
Originally Posted by abe4disney View Post
just scrolled across ap business wire!! Star wars land is a real possibility!!

Take that harry potter!

http://www.4-traders.com/the-walt-di...-ltd-15445015/
awesome!
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Old 10-30-2012, 03:07 PM   #8
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YES, THIS IS HAPPENING!!!
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Old 10-30-2012, 03:08 PM   #9
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Wow, this is huge. This makes Star Wars Land at DHS a real great possibility.


As for Star Wars Episode 7 coming in 2015, ehhhh.
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Old 10-30-2012, 03:08 PM   #10
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~Wow!!! This is huge news. This may be Disney's real answer to Harry Potter!
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Old 10-30-2012, 03:10 PM   #11
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Not to be a Debbie Downer but .........

It could just be like Marvel, They wanted the movies/franchise.

Its a HUGE jump to say this is to build Star Wars Land.
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Old 10-30-2012, 03:11 PM   #12
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Wow. This is massive news. I am shocked as a Star Wars fan that Lucasfilm got bought out so quickly after Lucas left. This is bigger than Disney's first attempt at buying Jim Henson Company right before he left. Let the Star Wars land rumors start.
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Old 10-30-2012, 03:11 PM   #13
t_daniels
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Quote:
Originally Posted by chartle
I actually found this more shocking. (found it with an article about the acquisition)
An episode 7?? Hmmm.
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Old 10-30-2012, 03:16 PM   #14
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Quote:
Originally Posted by t_daniels View Post
An episode 7?? Hmmm.
Found this Official Star Wars Episode 7 Trailer
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Old 10-30-2012, 03:16 PM   #15
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Huge and awesome news!
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