Surprise surprise! Walt Disney Co. has agreed to acquire the juggernaut behind all your “Star Wars” films for USD4.05 billion. Just as well, since director and Lucasfilm owner George Lucas has big plans to retire anyway. You know what this means, right? It means that Stitch and Yoda are going to be friends!
Along with the deal, Disney has also announced that they will be planning to release a seventh “Star Wars” movie in 2015. But Lucasfilm is not their first acquisition – Disney acquired Marvel Entertainment for USD4 billion in 2009. Three years later, the blockbuster superhero film, “The Avengers” left everyone gaping and begging for more.
Of course, there was also Pixar Animation Studios (purchased for USD7.4 billion like it’s no big deal) in 2006.
“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”, Bob Iger (Chief Executive of Walt Disney Co.) said in an official statement.
Disney also confirmed that they will be fully utilizing the “Star Wars” franchise throughout its businesses, including their theme parks, consumer products, television, and digital platforms. Oh, what? “Star Wars” rides in Disneylands around the world? We really can’t complain.
Exciting times ahead!