Yes, it’s official and it is 100% for real: Disney has acquired Lucasfilm. (Here it is on StarWars.com.) We’ll know more details in a few minutes but some of the points from the press release and conference call:
- George Lucas to be “creative consultant” on franchise; Kathleen Kennedy will continue to lead company under Disney.
- Offer is for 4.05 billion dollars – half in cash, half in Disney stock.
- Star Wars: Episode 7 is targeted for release in 2015 with more films in the future – “every 2 to 3 years.” New movies are in “early stage development.”
- Parks, games and television ARE on the menu. Disney “really likes” the franchise’s potential on TV. Speculation: Live action series on ABC? Star Wars folks on Once Upon A Time? Eek!
- Lucasfilm’s value is almost all on the Star Wars franchise. Shocking!
- Indiana Jones has “encumbrances” due to Paramount, so I wouldn’t expect to hear anything solid quickly.
Here’s a video where George Lucas and Kathleen Kennedy talk about the future of the movies:
Per the release employees will be remaining at their currently locations, so hopefully this is all great news for our friends at Lucasfilm. On the official blog, Pablo Hidalgo writes a bit about the winds of change; Steve Sansweet has weighed in as well, and J.W. Rinzler looks at the ‘history’ of Episodes VII-IX.