Is this worth $4B?
What exactly are they purchasing here? Rights for licensing/royalties/distribution/future starwars related sales? Etc
Bets for which banks are on this?? Lol to be released soon...
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http://dealbook.nytimes.com/2012/10/30/with-lucasfilm-deal-disney-spend…
star wars 7, 8, 9??? i think that's the bigger question here.
what the fuck? seriously?
4,5,6 was on a scattershot budget. 1,2,3 was pumped with CGI steroids. it was over when they decided to extend it.
also, jar jar binks was bad enough. care to sit around for Disney's Jar Jar Adventures? you can kill me then.
Disney bought marvel a few years back
The Avengers movie alone has grossed over $1B in ticket sales. Thats nuckings futs.
I guess this could be worth it.
Lucasfilm owns the name of Droid smartphones, so don't forget to add that to their goodwill.
Prepare for Episode 7: The Tale of Jar-Jar. At least Lucas lowered the bar for Disney...
And don't forget: Lucas comes with Indiana Jones too. The Crystal Skull will look good once Disney is through with the franchise.
I don't know... Episode 2 sets the bar awfully low but Disney has shown they can do a lot in a genre that already seemed overcrowded. The Avengers is about as good as superhero movies get except for the Dark Knight.
Look at how pessimistic everyone is already. 1, 2, and 3 are so badly panned and expectations are so low that any semblance of brilliance coming from 7, 8, 9 will get the hype pumping and the money flowing.
Doesn't Lucasfilm also own the Indiana Jones franchise? If so, I'm feeling a reboot on that coming sometime too.
Yes, this is true, but it mentioned in one of the articles I read Paramount Pictures own the rights to distribution, so this will not be happening. In addition the one that came out a few years ago was terrible..
I guess I'm the only one who enjoyed RotS...
Tbh I only enjoying the new trilogy for story completion value
Something interesting: LucasFilms established Industrial Lights and Magic; ILM spun off Pixar; Disney bought Pixar. Now Disney is finally buying LucasFilms.
If they reboot both Star Wars, they would pay that much in license fees/revenue sharing for moderate success, and now they have rights for amusement parks/excursions which contribute more to the bottom line anyway. Not sure about Indy, but even if Paramount has distribution they can produce, most studios are moving toward "club deals" on riskier big budget movies anyway.
GS TMT is advising Disney, along with another firm that i dont remember (maybe MS? actually think it mightve been a boutique). do not know about Lucasfilm
i've tried searching the internet a few times for which banks are adivising. how did you hear about GS? can you post a link here?
Lucasfilm was advised by one of the Big 4 Corporate Finance teams
I mean Disney's stock price is near its 52-week high. It was a nice use of the company's stock as an acquisition currency.
Granted they do have to deal with Fox and Paramount when relaunching Star Wars.
There's no way they'll reboot Star Wars or Indiana Jones. Maybe but if any franchises are sacred in Hollywood, it's those (notwithstanding what George Lucas/Steven Spielberg feel like doing with them).
Star Wars, probably not. It already makes all the money in the world, regardless of whether us die-hard monkeys enjoy it. Indiana Jones is actually a great candidate for a reboot - high risk, high reward, same as with all the other movies they've done reboots of. The last one sucked, and everyone knows it.
You should research this subject as it was initially Lucas' intention to make Star Wars a nine part movie. Before Disney purchased the group, Lucas already had plans to start the next movie sometime in 2015 and I believe it is Disney's intention to keep that going. Also, I believe it was Lucas' original intention to have the last three films catch up with the main characters in their 60s/70s (which, coincidentally, is the real life ages of those actors now).
We probably won't see any more Indiana Jones.
Hold up. Lucasfilms also has a pretty extensive video games library (Monkey Island series + Grim Fandango). Think about the sales they could make just by relaunching those for the PC/360/Wii/PS3 with updated graphics.
Goldman and Guggenheim:
"Disney got fairness opinions from Goldman, Sachs & Co. and Guggenheim Partners LLC. Goldman's Andrew Gordon worked on the deal. He and Guy Nachtomi advised Disney on its 2009 purchase of Marvel Entertainment Inc. Goldman's history with Disney also includes the Pixar acquisition ; Disney's investment in Indian film, television and gaming company UTV Software Communications Ltd.; its divestiture of ABC Radio to Citadel Broadcasting Corp. and on Comcast Corp.'s ill-fated hostile takeover attempt in 2004. Guggenheim's Alan Schwartz worked on the Lucasfilm deal. As a banker at Bear Stearns Cos. Inc., he advised Disney on the Pixar acquisition. He also advised Disney on the Marvel deal after moving to Guggenheim.
Read more: Disney adds Lucasfilm to its movie empire - The Deal Pipeline (SAMPLE CONTENT: NEED AN ID?) http://www.thedeal.com/magazine/ID/050232/disney-adds-lucasfilm-to-its-…"
Forget the movies. I bet they just want to build a Millennium Falcon ride at Disney World.
Actually, they are planning to make movies 7-12. 7 is set for 2015, and Lucas is going to serve as "creative consultant" for the new movies. According to Dale Pollock, who wrote the Lucas' biography, the stories Lucas had in store for 7-9 were the best in the series (and 1-3 were the worst, surprisingly...). These were actually made into books (who read them?). But it is not certain if these stories will be used for the movies yet. It doesn't really matter because look at what Disney did for Marvel -- every Disney era Marvel film that has come out has been great and has made a lot of money.
LucasArts only owns a portion of Indiana Jones and Paramount owns the other portions. This complicates the issue.
They do own a great deal of video games also - Monkey Island (GREAT), Fandango (Great), Knights of the Old Republic (GREAT), etc. That may drive some value for Disney there.
Seems like this is a good transaction for Disney as far as common sense goes.
Star Wars was always a nine-part serial, but Lucas couldn't get the money together to do all nine, and the first three alone took several years to finance and shoot. VII, VIII, and IX have always been on paper and are now in early stages of production, according to the release by Disney.
Lucas is either senile, or very greedy, judging by his dogged pursuit of completing these films at the risk of further destruction to his already tarnished legacy. While I respect the tenets of capitalism and the right of someone to make a buck, George wasn't exactly hurting at a $3.25 billion net worth prior to this transaction. Disney will run this franchise into the ground with more and more dilutive children's fare, a la episodes I, II, and III. If you thought Jar Jar was bad (and that was under Lucas's guidance) wait until you see what the House of Mouse has in store for this franchise. Incidentally, George has been through a few nasty divorces and has also put Skywalker Ranch on the block.
What made the originals so amazing was the fact that Lucas was literally creating effects from scratch to tell the story (which became the genesis of Industrial Light and Magic and Skywalker Sound), in service to the story. CGI will never recreate the brilliance of the original hand models and puppets, courtesy of Jim Henson.
John Carter was bad, I will admit that, but what about Avengers? You're telling me if they get an all-star cast for 7-12, they will be bad movies that "dilute" the series? I doubt it. Disney can be good when it wants to be, and it will just serve as a financier of the upcoming movies. It will also push George Lucas out of the picture, which in and of itself will save the series.
John Carter, anyone?
It looks like they are planning on turning Star Wars into a Pirates of the Caribbean. It sort of pisses me off, but who am I kidding. I'm going to watch it anyways.
Disney also owned the rights to Toy Story after they bought out Pixar and look at how Toy Story 3 turned out. Plus we all know that for the next Star Wars movie, names like: JJ Abrams and Joss Whedon will be thrown about.
However I want to know what they will do with Grim Fandango and Monkey Island. Plus, how they will incorporate their new franchises as rides in at Disney Land/World. They already have a pretty hefty number of Lucas properties (with a stunt show that is Indiana Jones related) and lots of Star Wars stuff.
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