This has got to be the biggest news I’ve heard in years. When Disney bought Marvel Studios, we saw the result of that acquisition with the massive success of The Avengers. We will continue to see that success as we move into phase 2 of Marvel’s Cinematic Universe ending with Avengers 2 in 2015. Well it seems that the Avengers 2 won’t be the only tent pole film for Disney in 2015, as there acquisition of Lucasfilm will result in Star Wars Episode 7 released in the same year. As I am typing this, my cheeks are on fire from constant grinning. I will pat myself on the back for calling this announcement (not so much the Disney part), even though my friends and other Star Wars fans remained skeptic. The Walt Disney Company acquired Lucasfilm Ltd. for $4.05 billion.
With Pixar, Marvel and now Lucasfilms under Disneys umbrella, their studio now has the most profitable franchise on the market right now. The WB has the Looney Tunes and the DC property under their belts so they are the studio withmost arsenal in there pockets to compete with Disney. And unless J.K Rowling decides to write more Harry Potter books, that franchise ended with The Deathly Hallows Part 2.
To say I’m ecstatic about this new Star Wars news would not do justice to how happy I am right now. I am, and forever will be an optimist when it comes to the world of films and I have high hopes that the year 2015 will be one of the biggest years in film. I can’t wait. Where is a time machine when you need one?
Here is the full press release as well as a video to go with the announcement:
“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.”
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