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Old 30th October 2012   #1
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Disney Buys Lucasfilm

Disney Buys Lucasfilm for $4 Billion!

http://www.comingsoon.net/news/movie...ontent=web_app

Bloomberg - Business, Financial & Economic News, Stock Quotes
http://www.hollywoodreporter.com/new...casfilm-384448
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Old 30th October 2012   #2
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Yeah - saw this. Not sure how I feel about it; it seems that everything is owned by some large corp. Of course that is an exaggeration, but it's just how it seems nowadays. That said, I guess it better that Lucas pass the buck to someone capable, as opposed to just letting Lucasfilm die with him.

Wonder what will happen to Skywalker Sound, and it's employees....after the Sound One debacle, I would be worried long term, if not short term.

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Old 30th October 2012   #3
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Breaking news from lucas films...

FROM THE WWW.

Disney is buying Lucasfilm, the company behind the Star Wars films, from its chairman and founder George Lucas for $4.05bn

In a statement announcing the purchase, Disney said it planned to release new film Star Wars Episode 7 in 2015.

That will be followed by Episodes 8 and 9 and then one new movie every two or three years, the company said.

The last Star Wars film was 2005's Revenge of the Sith, and Disney said it believed there was "substantial pent up demand".

I guess this is old news now...
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Old 30th October 2012   #4
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Eeeeshhh
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Old 30th October 2012   #5
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The Star Wars Franchise continues to go downhill. Next we'll see them buy the rights to the James Cameron productions and make a cartoon series out of Avatar...
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Old 30th October 2012   #6
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Quote:
Originally Posted by Jeff Hayat View Post
Wonder what will happen to Skywalker Sound, and it's employees....after the Sound One debacle, I would be worried long term, if not short term.

Cheers.
I agree.

I can see Skywalker Sound going away.
As Disney is all about the bottom lime, and profit margins.
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Old 30th October 2012   #7
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I dunno. Kathleen Kennedy is still in charge AND if they are gonna make more Star Wars movies they need at least SOME of Skysound.
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Old 31st October 2012   #8
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Quote:
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I dunno. Kathleen Kennedy is still in charge AND if they are gonna make more Star Wars movies they need at least SOME of Skysound.
Why? I like Skysound, but it was built because George didn't want to work in LA, and wanted to own his whole production chain.....

This is also sort of historic--the final passing of the whole Lucas/Coppola/Korty et al "rebel outside of Hollywood" era.

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Old 31st October 2012   #9
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And here's a poster from the new movie...

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Old 31st October 2012   #10
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And here's a poster from the new movie...





THIS time the design of the Death Star is flawless... mostly...

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Old 31st October 2012   #11
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I'm not too upset about this although I would have preferred to see a darker approach to Star Wars
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Old 31st October 2012   #12
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and what does this mean for Skywalker Sound?
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Old 31st October 2012   #13
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and what does this mean for Skywalker Sound?
+1
I got a friend working there, just sent her a mail to find out more.
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Old 31st October 2012   #14
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Quote:
Originally Posted by Thomas W. Bethe View Post
FROM THE WWW.

Disney is buying Lucasfilm, the company behind the Star Wars films, from its chairman and founder George Lucas for $4.05bn

In a statement announcing the purchase, Disney said it planned to release new film Star Wars Episode 7 in 2015.

That will be followed by Episodes 8 and 9 and then one new movie every two or three years, the company said.

The last Star Wars film was 2005's Revenge of the Sith, and Disney said it believed there was "substantial pent up demand".

I guess this is old news now...
Yikes more star wars films - we definitely need more - i must know what happened to the ewoks! That story alone deserves a trilogy. It will be good to see the original cast back. I've heard Ep 7 starts with a full on balls to the wall argument about a trade embargo in the space senate - hold on to your hats! :eek:
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Old 31st October 2012   #15
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As long as there's no more jar jar binks or anything like it. POS character completely killed it for me.

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Old 31st October 2012   #16
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Quote:
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Why? I like Skysound, but it was built because George didn't want to work in LA, and wanted to own his whole production chain.....

philp
Exactly.
And with him not there to support it, I can see the whole complex going bye bye.
I wouldn't be surprised to see the entire Skywalker sound complex being a money losing venture, simply because of the maintenance of the huge property.
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Old 31st October 2012   #17
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The music recording side might stay, since that ended up kind of separate from the film biz, but it's a BIG property to maintain just for that....

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Old 31st October 2012   #18
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Quote:
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The music recording side might stay, since that ended up kind of separate from the film biz, but it's a BIG property to maintain just for that....

philp
To be honest though, I'm not sure there's much else you could do with that property. Considering the strength of the local neighborhoods who want nothing to do with further development, I'd be really wary of trying to develop anything at all on Lucas Valley Road.
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Old 31st October 2012   #19
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The music recording side might stay, since that ended up kind of separate from the film biz, but it's a BIG property to maintain just for that....

philp
Given the state of the music industry, that's even less of an incentive.
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Old 31st October 2012   #20
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Just FYI.

Tour Of Skywalker Rancher - Business Insider

George still owns the land. So Disney does not have to maintain it. Skywalker Sound is a part of Lucasfilm and I am sure he and Kathleen have every intention of keeping the sound in Skywalker Ranch.
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Old 31st October 2012   #21
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This is a good thing.

Disney owns Marvel.

Marvel has largely been left alone to do their work.

I imagine it'll be the same with LucasFilms/Sound.
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Old 1st November 2012   #22
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This is a good thing.

Disney owns Marvel.

Marvel has largely been left alone to do their work.

I imagine it'll be the same with LucasFilms/Sound.
I really hope so...

I've always thought of Skywalker Sound the way Michael Jackson did Neverland Ranch: a magical kingdom where all your dreams come true. Too bad I gave away my last 4.5 billion last week otherwise I would have entertained the purchase.

(I feel like a five year old going for ice cream knowing another Star Wars trilogy is due...)
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Old 1st November 2012   #23
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Interesting how many of the captions are wrong.

Yoda is at the Presidio, not at Skywalker Ranch....

Quote:
Originally Posted by by-tor View Post
Just FYI.

Tour Of Skywalker Rancher - Business Insider

George still owns the land. So Disney does not have to maintain it. Skywalker Sound is a part of Lucasfilm and I am sure he and Kathleen have every intention of keeping the sound in Skywalker Ranch.
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Old 1st November 2012   #24
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Quote:
Originally Posted by Tha Govna View Post
This is a good thing.

Disney owns Marvel.

Marvel has largely been left alone to do their work.

I imagine it'll be the same with LucasFilms/Sound.
Not necessarily.

When Liberty Media bought Sound One (packaged with Todd AO), they (technically Ascent Media) left us alone for the first couple of years or so. We were still doing great - busy as all hell. When things started to slow down, we were no longer left alone.

Generally speaking - when a bigger company buys a smaller one, they leave it alone as long as it does well and meets expectations. But when there is a slow period - even normal seasonal ones - they tend to not leave it alone anymore.
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Old 1st November 2012   #25
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Quote:
Originally Posted by Tha Govna View Post
This is a good thing.

Disney owns Marvel.

Marvel has largely been left alone to do their work.

I imagine it'll be the same with LucasFilms/Sound.
Disney will not hold on to it for nostalgic reasons.
If its losing money, it will go.
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Old 1st November 2012   #26
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Quote:
Originally Posted by by-tor View Post
Just FYI.

Tour Of Skywalker Rancher - Business Insider

George still owns the land. So Disney does not have to maintain it. Skywalker Sound is a part of Lucasfilm and I am sure he and Kathleen have every intention of keeping the sound in Skywalker Ranch.
Do you not think that the maintenance cost won't be passed on to Disney?
George will just pay for everything?


Disney is not know for its philanthropic attitude towards business.
If its not making money. It will be gone.

Hell, George shutdown the whole sprockets division at one point himself. I know, because it happened just before I was to be hired there.
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Old 1st November 2012   #27
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Do you not think that the maintenance cost won't be passed on to Disney?
George will just pay for everything?


Disney is not know for its philanthropic attitude towards business.
If its not making money. It will be gone.

Hell, George shutdown the whole sprockets division at one point himself. I know, because it happened just before I was to be hired there.
Don't know if you've read S.Jobs biography, the part about Disney was quite intriguing.
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Old 1st November 2012   #28
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Don't know if you've read S.Jobs biography, the part about Disney was quite intriguing.
Now, I did not read it.
What was the part about Disney?
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Old 1st November 2012   #29
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Now, I did not read it.
What was the part about Disney?
Too much to type here, but I think you might find it interesting (dynamic between Disney and Pixar, etc) Coles notes is, Disney does what they want with no mercy.
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Old 1st November 2012   #30
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Too much to type here, but I think you might find it interesting (dynamic between Disney and Pixar, etc) Coles notes is, Disney does what they want with no mercy.
The "having no mercy", I know about that.
So, anybody thinking they will hold on to the ranch from warm fuzziness of their heart, has another think coming.
It would be interesting to see how much it really costs to run the place.
My guess is, that its not a profit making venture. But more of A big pet project for George. One I think e has grown tired of, and tired of footing the bill.
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