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2012/10/30 20:17:22
Subject: Disney buying Lucasfilm for $4.05 Billion.
Continuing its strategy of delivering exceptional creative content to audiences around the world, The Walt Disney Company (NYSE: DIS [FREE Stock Trend Analysis]) has agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm Chairman and Founder, George Lucas.
Under the terms of the agreement and based on the closing price of Disney stock on October 26, 2012, the transaction value is $4.05 billion, with Disney paying approximately half of the consideration in cash and issuing approximately 40 million shares at closing. The final consideration will be subject to customary post-closing balance sheet adjustments.
“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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2012/10/30 20:21:30
Subject: Disney buying Lucasfilm for $4.05 Billion.
Proud Member of the Infidels of OIF/OEF
No longer defending the US Military or US Gov't. Just going to ""**feed into your fears**"" with Duffel Blog Did not fight my way up on top the food chain to become a Vegan...
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Once you pull the pin, Mr. Grenade is no longer your friend
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RIP Muhammad Ali.
Jihadin, Scorched Earth 791. Leader of the Pork Eating Crusader. Alpha
2012/10/30 20:24:26
Subject: Disney buying Lucasfilm for $4.05 Billion.
LOS ANGELES — Disney is paying $4.05 billion to buy Lucasfilm Ltd., the production company behind "Star Wars," from its chairman and founder, George Lucas.
It's also making a seventh movie in the "Star Wars" series.
The Walt Disney Co. announced the agreement to make the purchase in cash and stock Tuesday.
Disney added that "Star Wars Episode 7" is scheduled for release in 2015.
The deal brings Lucasfilm under the Disney banner with other brands including Pixar, Marvel, ESPN and ABC.
Kathleen Kennedy, the current co-chairman of Lucasfilm, will become its president and report to Walt Disney Studios Chairman Alan Horn. Lucas will be creative consultant on new "Star Wars" films.
Lucas said in a statement, "It's now time for me to pass 'Star Wars' on to a new generation of filmmakers.
DA:70S+G+M+B++I++Pw40k08+D++A++/fWD-R+T(M)DM+
2012/10/30 20:32:40
Subject: Disney buying Lucasfilm for $4.05 Billion.
Lucas said in a statement, "It's now time for me to pass 'Star Wars' on to a new generation of filmmakers.
It's about time.
BlaxicanX wrote: A young business man named Tom Kirby, who was a pupil of mine until he turned greedy, helped the capitalists hunt down and destroy the wargamers. He betrayed and murdered Games Workshop.
2012/10/30 20:32:53
Subject: Disney buying Lucasfilm for $4.05 Billion.
KalashnikovMarine wrote: Not sure if I'm excited or terrified.... this could be a disaster on par with our spiritual liege...
That's actually the best thing for the Star Wars franchise...
Disney rarely makes bad movies...
No they just run franchises into the ground in the name of making money, have you heard of Pirates of the Caribbean perhaps? I'm not saying Lucas is any better, he's not, but I'm not optimistic about one of my favorite franchises chances in the gloved hands of the mouse.
I beg of you sarge let me lead the charge when the battle lines are drawn
Lemme at least leave a good hoof beat they'll remember loud and long
KalashnikovMarine wrote: Not sure if I'm excited or terrified.... this could be a disaster on par with our spiritual liege...
That's actually the best thing for the Star Wars franchise...
Disney rarely makes bad movies...
No they just run franchises into the ground in the name of making money, have you heard of Pirates of the Caribbean perhaps? I'm not saying Lucas is any better, he's not, but I'm not optimistic about one of my favorite franchises chances in the gloved hands of the mouse.
Bah... I disagree...
I enjoy just about every non-chick Disney flick...
I mean...c'mon... Puss & Boots was awesome!
This message was edited 1 time. Last update was at 2012/10/30 20:45:33
Live Ork, Be Ork. or D'Ork!
2012/10/30 20:46:47
Subject: Disney buying Lucasfilm for $4.05 Billion.
I think redoing the originals would be a bad idea. Even if they're disney's best work ever, every nerd in history will hate them before they even see it and the interwebs will be full of bloggers posting about how evil disney is for ruining their childhood.
I'd rather see em do all new movies.. maybe an old republic movie? or what happened after jedi? or a movie about how little furry midgets can drop logs and rocks on combat walkers and destroy them, especially if they can fly little leather & twig hang gliders.
2012/10/30 20:54:32
Subject: Disney buying Lucasfilm for $4.05 Billion.
Bring it on Disney. Star Wars needs someone besides George at the head of the table. Star Wars has mostly been crap in the last decade. As for those saying Disney will run it into the ground, jeez people Star Wars has already been ran into the ground. It needs someone to dig it up, dust the crap off of it and make it something great again.
2012/10/30 21:09:38
Subject: Disney buying Lucasfilm for $4.05 Billion.
KalashnikovMarine wrote: Wedge Antilles and Rogue Squadron, call Michael Stackpole and Aaron Allison for the writing team! You even have a Jedi in Corran Horn
^This!
So much THIS!
Live Ork, Be Ork. or D'Ork!
2012/10/30 21:09:57
Subject: Disney buying Lucasfilm for $4.05 Billion.
Disney planning a new Star Wars film every 2-3 years, beyond the planned Episodes 7-9 no word on Indy, ILM and Skywalker Sound confirmed to be part of the purchase but ILM will NOT be restricted in any way and can continue their operations as normal.
I beg of you sarge let me lead the charge when the battle lines are drawn
Lemme at least leave a good hoof beat they'll remember loud and long
The centre of a massive brood chamber, heaving and pulsating.
Meh. It could be worse. Yuki Oshima could be writing the new Star Wars films...
Provided they keep the 7th film in the style of the infinitely superior prequels, and not the god-awful original trilogy we should be fine.
Squigsquasher, resident ban magnet, White Knight, and general fethwit.
buddha wrote: I've decided that these GW is dead/dying threads that pop up every-week must be followers and cultists of nurgle perpetuating the need for decay. I therefore declare that that such threads are heresy and subject to exterminatus. So says the Inquisition!
2012/10/30 21:22:19
Subject: Re:Disney buying Lucasfilm for $4.05 Billion.
Lord Scythican wrote: By the way, this is the same Disney that has brought us all of the Avengers goodness we have been enjoying over the last few years...just saying.
i was doing good until you said that.
-"Wait a minute.....who is that Frazz is talking to in the gallery? Hmmm something is going on here.....Oh.... it seems there is some dispute over video taping of some sort......Frazz is really upset now..........wait a minute......whats he go there.......is it? Can it be?....Frazz has just unleashed his hidden weiner dog from his mini bag, while quoting shakespeares "Let slip the dogs the war!!" GG
-"Don't mind Frazzled. He's just Dakka's crazy old dude locked in the attic. He's harmless. Mostly."
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