VIDEO: George Lucas talks Star Wars and Disney

Written by Vince Mancini / 10.30.12

When one mega-corporation acquires another supercorporation, we all already know the reason: because they could afford it. But for some reason, we always have to play this game where they send out representatives of the companies to give their best man speeches about all the reasons why these two faceless entities should join in holy matrimony and we pretend like we care. We know already. They both think they’re going to make money on the deal. They’re two lego pieces that fit together. Fine. But it’s always fun to see just how far they’ll go to sell us this sh*t.

Anyway, freshly-minted Lucasfilms President and Star Wars brand manager Kathleen Kennedy sat down with George Lucas to discuss the merger. Assorted quotes:

LUCAS: “Obviously, I’ve been talking about retiring for some years now…”

LUCAS: “I really wanted to put the company somewhere, in a large entity, that would protect it.”

Ooh, you mean, like… AN EMPIRE?

LUCAS: “There’s lots and lots of opportunity at Disney that we wouldn’t have at any other studio.”

LUCAS: “When I made Star Wars many years ago, everybody in Hollywood said ‘Well this is a movie Disney should’ve made.’”

KENNEDY: “Disney defines family entertainment, and in many ways, it’s the best possible company to take Star Wars into the future.”

LUCAS: “I’ve always said I wasn’t going to do more, but that doesn’t mean I wouldn’t turn it over to Kathy to do more. I have story treatments of [Episodes] seven, eight, and nine…”

OH GOD NO, SOMEBODY BURN THEM.

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Disney buys Lucasfilm for $4 billion, new Star Wars movie coming in 2015. What.

Written by Vince Mancini / 10.30.12

HURRICANE DISNEY SWAMPS LUCASFILM! That’s right, Disney already owns Pixar, ABC, ESPN, and Marvel, and as of today, they own Lucasfilm too, with plans to release a Star Wars Episode 7 in 2015.

Ready za mouse-ear armbands!

Under the terms of the agreement and based on the closing price of Disney stock on October 26, 2012, the transaction value is $4.05 billion, with Disney paying approximately half of the consideration in cash and issuing approximately 40 million shares at closing.

“Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas,” said Robert A. Iger, Chairman and Chief Executive Officer of The Walt Disney Company. “This transaction combines a world-class portfolio of content including Star Wars, one of the greatest family entertainment franchises of all time, with Disney’s unique and unparalleled creativity across multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value.”

“For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said George Lucas, Chairman and Chief Executive Officer of Lucasfilm. “It’s now time for me to pass Star Wars on to a new generation of filmmakers. I’ve always believed that Star Wars could live beyond me, and I thought it was important to set up the transition during my lifetime. I’m confident that with Lucasfilm under the leadership of Kathleen Kennedy, and having a new home within the Disney organization, Star Wars will certainly live on and flourish for many generations to come. Disney’s reach and experience give Lucasfilm the opportunity to blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products.”

Kathleen Kennedy, current Co-Chairman of Lucasfilm, will become President of Lucasfilm, reporting to Walt Disney Studios Chairman Alan Horn. Additionally she will serve as the brand manager for Star Wars. Ms. Kennedy will serve as executive producer on new Star Wars feature films, with George Lucas serving as creative consultant. Star Wars Episode 7 is targeted for release in 2015, with more feature films expected to continue the Star Wars saga and grow the franchise well into the future. [PressRelease]

At this point, I’d like to recommend that we all run about the room with our arms above our heads.

UPDATE: And here’s the picture:

Can you imagine how many cats are under that desk? No way Lucas agreed to $4 billion without a little “signing bonus.”

“DO I GET TA PET DA KITTIES YET?!”

“Almost, George, just put your name on this paper.”

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