Sunday, 4 November 2012

Disney buys Lucasfilm - Good news for Star Wars Fans?

Last week it was announced that Disney was buying Lucasfilm for $4 billion, adding the legendary Star Wars franchise to the entertainment giant's stable of characters. With the sale of Lucasfilm which is 100% owned by founder George Lucas, he will receive 40 million Disney shares from the deal and will be the second-largest non-institutional shareholder of Disney. The 68-year-old Lucas will serve as a creative consultant but plans to retire.


In this publicity photo released by Disney, CEO Robert Iger, left, and George Lucas of Lucasfilm sign the deal Tuesday letting Disney acquire the "Star Wars" studio for about $4 billion.(Photo: Rick Rowell, AP)

 
What does this do for Star Wars fans like me?  Disney plans to make more Star Wars movies, which is good news.  But will they remain true to Lucas' vision?  We'll have to wait and see.

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