Disney Post | Official Blog of the Walt Disney Company
October 30, 2012

Disney to Acquire Lucasfilm

By Heather Hust Rivera, The Walt Disney Company

UPDATE: Check out the video of Bob Iger and George Lucas discussing the announcement.

Great news! The Force is coming to Disney!

Bob Iger just announced that The Walt Disney Company is acquiring Lucasfilm – the global entertainment company founded by George Lucas and the home of the legendary Star Wars franchise. In addition to getting the rights to one of the greatest family franchises and epic stories of all time, Disney is also acquiring all of Lucasfilm’s operating businesses – including Industrial Light and Magic and Skywalker Sound.

Did you know? The Star Wars universe now has more than 17,000 characters inhabiting several thousand planets spanning 20,000 years. This gives Disney infinite inspiration and opportunities to continue the epic Star Wars saga. Fans can expect a new feature film, Star Wars Episode 7, in theaters worldwide in 2015. George Lucas will serve as creative consultant on the film and Kathleen Kennedy, the filmmaker George handpicked to lead Star Wars, Indiana Jones and the rest of Lucasfilm into the future will be the executive producer (she’s also joining Disney as president of Lucasfilm). With this many characters to develop and stories to tell, Disney plans to release a new Star Wars feature film every two or three years for the foreseeable future.

We’ve actually had a great working relationship with Lucasfilm for years -- with Star Wars and Indiana Jones themed attractions in our parks in Anaheim, Orlando, Paris and Tokyo. So, we’re starting with a strong foundation and compatible brands – and the addition of Lucasfilm Ltd. will support our growth strategy and create even more opportunity for Disney to create incredible entertainment and drive significant long-term value for our shareholders.

You can find more information about Disney’s exciting acquisition of Lucasfilm here.

 Robert A. Iger, chairman and CEO, The Walt Disney Company, and George Lucas, chairman and founder, Lucasfilm sign the agreement for The Walt Disney Company to acquire Lucasfilm Ltd.

11 Comments

Fred S. October 30, 2012 at 1:37 PM

Wow! There is certainly a lot of potential here.

JEANY SANCHEZ October 30, 2012 at 1:52 PM

This is a perfect way for Disney to Join the Lucas Films! I love Star Wars and Indiana Jones too!

Alicia Perez October 30, 2012 at 6:13 PM

This is super exciting! My family and I love Star Wars and Indiana Jones and can't wait to see what Disney does with them from here. Disney is always so awesome anyway!

Heikki Salo October 30, 2012 at 11:08 PM

Please do the Thrawn-trilogy... PLEASE do the Thrawn-trilogy...

Paul Dieken October 31, 2012 at 12:11 AM

I have reservations about so eagerly embracing this. Though I love Disney I am also a huge Star Wars and Lucusfilms fan, not to mention a big Marvel fan.

The first thing is I wonder if Disney is getting too big. Over the years we have all seen very large and successful companies get to big or grow too fast and simply collaps under their own weight. Granted in more cases than not this has been a result of a lack of proper planning and forward thinking, and I would like to think that the Disney people are smarter than that, If Walt was nothing else, he was without question an excellent planner and forward thinker, and the people who have run things since his passing seem to have done him proud.

My biggest conncern with this though is the long term effect this is going to have on the consumers of these products. I am not refering the the price tags involved, even though that will have an impact on any projected income that Disney has in mind for this venture. What I'm talking about here is the fact that these products have an extremely aggressive fan base that have not only embraced the stories, but that embraced the mythologies behind these stories (even if they had to invent it themselves). I don't really count myself among the aggressive fan group, but I do consider myself some what of a purest in the fact that I don't like the origins of the stories that I love being messed with. When that kind of thing happens I find it very disrespectful not only to the audience but its creator, and that in and of itself will cause my support to stop.

I am confident that Disney, Lucusfilms, Marvel, and all of their respective audiences can live as one happy family providing that the creators are allowed to create, the writers are allowed to write, the editors are allowed to edit and so one and so forth for their respective products.

Christian Ahn October 31, 2012 at 5:56 AM

Perfect way to destroy a perfectly good movie franchise....

Paul Santos November 1, 2012 at 2:01 PM

It's a tough move... but I think it's for the better.

Bob Edward Hildenbrand Jr. November 3, 2012 at 3:32 PM

Disney acquiring Lucusfilms is like a good fit or perfect marriage.I'M a huge Star Wars fan and Indiana Jones fan,"I can't wait til 2015 for episode 7 of the Star Wars saga to come out and beyond. Thank you ," Disney & George Lucus.

Paul McKeever III November 4, 2012 at 5:36 PM

sorry here if any one hates me for this, but disney now sucks even more. They are going to ruin Starwars. Honestly I can see Starwars in a animated way but not disney. Sorry disney but my respect level dropped for your movies.

Paul McKeever III November 4, 2012 at 5:37 PM

Bob there will be no episode 7 it should stay to only 6

Jared Di Pietro November 30, 2012 at 4:39 PM

Don't mess this up Disney. Listen to George Lucas and if your smart use the books.