12 Years Ago, Disney Bought Lucasfilm & Changed Star Wars Forever
Over a decade ago, George Lucas sold Lucasfilm to the Walt Disney Company, and we found out about the future of the saga.
Oct 30, 2024
Over a decade ago, George Lucas sold Lucasfilm to the Walt Disney Company, and we found out about the future of the saga.
What changed:
On October 30, 2012, George Lucas sold Lucasfilm to the Walt Disney Company
In addition to the acquisition, Disney announced that Star Wars: Episode VII would be released in 2015
Kathleen Kennedy was promoted to President of Lucasfilm and was announced as Executive Producer of future Star Wars films with George Lucas adopting the role of creative consultant
This move followed Disney’s previous acquisitions of both Pixar and Marvel
By the numbers:
The value of the transaction was $4.05 billion with half of the price being offered directly in cash
Disney has reportedly generated $12 billion in revenue since the acquisition
Over the last 12 years, Disney has produced 5 feature films and 13 television shows, more than doubling the amount of Canon Star Wars content available for fans
The future: Multiple Star Wars films and series are in various states of production within the Disney Lucasfilm pipeline, promising an even brighter future for the saga.
Eric Eilersen is a Senior Writer at Youtini and co-host of The Youtini Show. He loves collecting Star Wars Funkos, lightsabers, and LEGO as well as playing video games, reading Brandon Sanderson novels, watching the Dallas Cowboys, and spending time with his partner and pets. You can follow him at @EricEilersen.
