Rebel Soldier
He’s good
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 Disneys 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. Its now time for me to pass Star Wars on to a new generation of filmmakers. Ive always believed that Star Wars could live beyond me, and I thought it was important to set up the transition during my lifetime. Im 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. Disneys 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.
Regarding Episode 7:
http://www.streetinsider.com/Press+Releases/Disney+to+Acquire+Lucasfilm+Ltd./7828436.htmlKathleen 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 Disneys 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.
More movies in the future:
The last Star Wars movie release was 2005s Revenge of the Sith and we believe theres substantial pent up demand. In 2015, were planning to release Star Wars Episode 7 the first feature film under the Disney-Lucasfilm brand. That will be followed by Episodes 8 and 9 and our long term plan is to release a new Star Wars feature film every two to three years. Were very happy that George Lucas will be creative consultant on our new Star Wars films and that Kathleen Kennedy, the current Co-Chair of Lucasfilm, will executive produce. George handpicked Kathy earlier this year to lead Lucasfilm into the future. Shell join Disney as President of Lucasfilm, reporting into Walt Disney Studios Chairman Alan Horn and integrating and building the Star Wars franchise across our company.
Disney to buy Lucasfilm for $4B, Star Wars: Episode 7 lands in 2015 | VentureBeat