The Lucasfilm Franchises ('Star Wars,' 'Indiana Jones,' & More) In October 2012, Disney announced the acquisition of Lucasfilm for $4.05 billion. The acquisition of Lucasfilm from founder George Lucas did not just grant Disney ownership of Star Wars, but other Lucasfilm IPs as well, such as Indiana Jones and Willow.
The Lucasfilm acquisition gave Disney ownership of Star Wars and Indiana Jones, and any other entertainment assets and IP owned by Lucasfilm. However, what is also notable about the Disney buyout is the various subsidiary and technology groups that fell under the Lucasfilm banner.
On December 18, 2012, Lucasfilm Ltd. converted from a corporation to a limited liability company (LLC), changing its name to Lucasfilm Ltd. LLC in the process. On December 21, 2012, Disney completed the acquisition and Lucasfilm became a wholly owned subsidiary of Disney.
George Lucas sold Star Wars to Disney back in 2012 for $4 billion. In a 2020 interview, Lucas revealed his reason for selling.
So, why did George Lucas sell Lucasfilm? To put it simply, George didn't want to miss out on experiencing a normal life while he still had the chance. George acknowledged that the decision was extremely painful in an interview for the book, The Star Wars Archives 1999-2005 (via SlashFilm).
A rumor that Disney will be selling Star Wars back to George Lucas started trending last week on social media.
Alex Ben Block. "George Lucas Will Use Disney $4 Billion to Fund Education." Hollywood Reporter 10/31/2012.
Does Disney Own Harry Potter? While it seems like Disney owns everything, including Star Wars, Marvel, LucasFilm, ABC television network and more, they haven't bought all Intellectual Property rights. What is this? No, Disney does not own Harry Potter.
Speaking to the New York Times, Lucas said, “I'm doing this so that the films will have a longer life, so that more fans and people can enjoy them in the future.” He said he believed that Disney was the right company to sell the company to, as they had both the resources and the expertise to continue and expand the ...
Analysis of 39 sets of financial statements shows that Disney spent total of $2.0 billion (£1.7 billion) on making its five Star Wars films which generated $1.3 billion of profits after factoring in a total of $343.9 million (£287.9 million) of reimbursements.
I know some fans would love nothing more than for Disney to sell Star Wars back to George Lucas, but that's just not going to happen. I'm sure Lucas is very much enjoying his retirement.
$4.05 billion: How much Disney purchased Lucasfilm—home to legendary franchises Star Wars and Indiana Jones—for in October 2012. It's a bit more than the $3.96 billion Disney paid for Marvel Entertainment, and its associated characters, for in 2009.
Since Disney's acquisition in 2012, they have released five Star Wars films and over 10 television-related projects with multiple more in various stages of development not to mention the various novels and comics.
The company became the owner of the “Star Wars” and “Indiana Jones” franchises following the purchase of Lucasfilm in 2012. In August 2009, Disney bought Marvel Entertainment for $4 billion.
Marvel Studios, LLC (originally known as Marvel Films from 1993 to 1996) is an American film and television production company that is a subsidiary of Walt Disney Studios, a division of Disney Entertainment, which is owned by the Walt Disney Company.
In fall 2012, news of Star Wars and Lucasfilm assets selling to Disney for $4.05 billion (half in cash and 40 million shares of stock) rocked the entertainment world and beyond. Immediately before the news broke, Lucas' net worth was estimated at around $3.3 billion.
'Star Wars' creator George Lucas has largely retired from filmmaking since he sold his Lucasfilm to Disney in 2012 for $4.1 billion in stock and cash. Lucas is now focused on philanthropy: his charitable family foundation has more than $1 billion in assets.
Instead, a spokesperson for Lucas has said that the Star Wars creator will “donate the majority of the proceeds” from the sale of Lucasfilm “to his philanthropic endeavors.” Specifically, the funds will be allocated to educational issues.
J.K. ROWLING'S WIZARDING WORLD is a trademark of J.K. Rowling and Warner Bros. Entertainment Inc. Materials from the Harry Potter series of films and from the film Fantastic Beasts And Where To Find Them are courtesy of Warner Bros. Entertainment.
It appears the Walt Disney Company is only looking to buy the two theme parks in Florida, Islands of Adventure and Universal Studios and Universal Studios in Hollywood. We do not believe Disney will be acquiring the entire Universal company.
As the author of Harry Potter, Rowling, 57, also owns the rights to the franchise's intellectual property, meaning that she earns royalties based on revenue generated from sales of the book, Harry Potter merchandise, the films, the Warner Brothers theme park, and the recently-released Hogwarts Legacy, which many trans ...
Lucas wrote and directed the film, and its success led to creation of a franchise that includes multiple sequels, prequels, spin-offs, animated series, books, comics, and merchandise. Lucas has been so successful in the film industry that he is now one of the wealthiest producers, earning $10 billion.
The Star Wars saga reportedly has an estimated total value of US$70 billion and currently ranks fifth as the highest-grossing franchise of all time. So it should not come as a surprise that the cast members have also raked in fat pay cheques for their work on the franchise.
George Lucas, the creator of Star Wars, is the wealthiest celebrity in America, according to Forbes' list of such things. Lucas' net worth is $5.4 billion, thanks largely to that massive $4 billion payday he got in 2012 when the Walt Disney Company purchased Lucasfilm and all the Star Wars goodies that came with it.