Disney Buys LucasFilm – New Star Wars Movie In 201531.10.12 # Sequel # 3 Comments
It was inevitable that Star Wars would live on after its creator George Lucas, director of the original film and prequel trilogy, but it’s surprising that we’re seeing something this drastic develop right now. Disney is acquiring Lucasfilm for $4.05 billion and plans to release a new Star Wars film (Episode VII) in 2015, with a considerably reduced involvement from Lucas himself, and intends to continue the franchise with a new movie every two or three years after that!
“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.”
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.
Responses to this will no doubt be mixed. While The Avengers is evidence of Disney’s great success with Marvel, movies like Tron: Legacy and John Carter didn’t perform as expected to. Most blame John Carter‘s failure on poor marketing however, which is unlikely to impede a Star Wars production. There’s also the fact that the most recent three Star Wars movies are considerably less beloved than the original films, and many fans will no doubt fear the series being extended. Where do you stand – optimistic? Wary? Neither?
George Lucas signs away his Star Wars empire to Disney