Disney acquires Lucasfilm Ltd., George Lucas now wealthier than Emperor Palpatine

"Star Wars, Ep. VII" announced for 2015

October 30, 2012 at 10:39PM
(The Minnesota Star Tribune)
George Lucas and his financial adviser. Photo: Chris Pizzello, AP
George Lucas and his financial adviser. Photo: Chris Pizzello, AP (The Minnesota Star Tribune)

The most direct beneficiary of the transaction, valued at just above $4 billion, is George Lucas, Lucasfilm's sole owner. But fans may benefit, too. Lucas has a genius for introducing iconic characters, but his creative engine sputters after a few films. Following their phenomenal launches, later Luke Skywalker and Indiana Jones sagas disappointed many viewers (while remaining solidly profitable.)
Citing legal encumbrances involving "Indiana Jones" with Paramount, Disney will focus primarily on the "Star Wars" universe. A seventh installment is to be released in 2015, with 8 and 9 to follow. If the company is able to bestow a Pixar-like sheen on the new episode, it could breathe new life into a global film phenomenon that is currently dormant.
Be aware, though, that Lucas would stay on as a "creative consultant" for any more "Star Wars" pictures. We may yet see "The Revenge of Jar Jar Binks."

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