Disney buys out Star Wars from George Lucas

After George Lucas, creator of Star Wars and owner of Lucasfilm Ltd announced the end of the Star Wars movies, the movies are not finished after all.  On October 30 Walt Disney Co. said they would buy Lucasfilm from George Lucas for $4.05 billion.

It has been seven years since the last Star Wars film, Revenge of the Sith came out in theater.  Disney earlier announced that if the purchase of Lucasfilm Ltd goes through, they’re will be at least three more movies coming out.  Since the purchase, Disney has already started the productions of “Star Wars, episode 7.”  The film is set to release in theaters in 2015.

Although Disney now has the rights to the Star Wars movies, Lucas is the head creative consultant of the films.  According to USA Today, Lucas has also already written set guidelines for the next trilogy.  A main reason Lucas is selling the company is to be a part of the rest of the companies under Disney.  These include Pixar, Marvel, ESPN and ABC.  Lucas is also familiar with another company owned by Disney.  Lucas actually created Pixar to be a side company under Lucasfilms.  He did this so the company could make animation films.  He later sold it to Apple, who then sold it to Disney.

After seven years of Star Wars being a thing of the past, it seems to be making a return as it moves ahead into the seventh movie.  The worry now is will the movies be the same?  Or will they be structured as a kid’s movie like many Disney productions.  The answer to that is they shouldn’t be.  Along with the purchase, Disney agreed to use the same technology and methods Lucasfilms used in the making of the recent movies.  With that and Lucas himself on the set, the new movies should be much like the previous films.

 

By Ryan Mutchler

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