Lucasfilm sold to Disney for $4 billion, including LucasArts

LucasFilm

Looks like Disney has a lot of work to do. George Lucas has sold Lucasfilm and all its subsidiaries over to Disney for a cool $4 billion. The deal includes the massive cash cow that is the Star Wars brand– toys, games and paraphernalia. The $4 billion will be broken down into 50 percent cash and 50 percent stock options, going directly to Lucas himself.

Disney’s future plans include a new film, Star Wars: Episode VII, which is scheduled for a 2015 release. Options include more feature films every two to three years, according to a press release from Disney. The deal will also include integrating the Star Wars brand into their amusement parks across the world, most notably in California and Florida.

The sale of Lucasfilm also puts developing games like Star Wars 1313 in some murky water. An update at Polygon from a LucasArts rep notes that for now “business remains as usual.”

According to a phone call with investors, Lucas had been putting the wheels in motion for retirement from Lucasfilm for a while.

For now on the video game side, our questions focus on characters crossing into Disney worlds, not unlike the Kingdom Hearts franchise. There remains a good possibility that they could do that, but it is far too early to tell.

Also, does that make Princess Leia a Disney Princess?

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Author: Karen Rivera View all posts by
Karen Rivera is a multimedia reporter based in New York City. When she's not awkwardly bumbling around the city streets, she's cozying up with her iPhone, iPad and PS3. She will explode into a pink cloud of glitter if you present her with anything ridiculously Japanese, cute and anthropomorphic (see: Hello Kitty, Nyan Nyan Nyanko).
  • Sevada

    I can’t believe that George Lucas sold it all to Disney. I have always thought that there would be an other starwars movie, but Disney don’t have the best track-record of picking up the ball and running with it. Or maybe no one remembers “Prince of Persia”

    Just my opinion.