DISNEY IS BUYING LUCUSFILM LTD.

LUCASFILM

Star_Wars_Logo

LOS ANGELES (AP) – 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."

george-lucas-picks-kathleen-kennedy-as-his-lucasfilm-successor
George Lucas                                 Kathleen Kennedy

disney-logo

posted by Bob Karm in CURRENT EVENTS,DEBUT,Disney,MOVIES and have No Comments

Place your comment

Please fill your data and comment below.
Name
Email
Website
Your comment
*