Why did they sell Star Wars to Disney?
Why did they sell Star Wars to Disney? Lucas told Iger he was considering retirement and planned to sell the company, as well as the Star Wars and Indiana Jones franchises. On October 30, 2012, Disney announced a deal to acquire Lucasfilm for $4.05 billion, with approximately half in cash and half in shares of Disney stock.
Has Disney made their money back from Star Wars?
Factoring in exhibitors' take of the profits and everything else, Disney has made an estimated US$1.3bn at the Star Wars box office, taking a fair chunk out of Disney's initial purchase from George Lucas in 2012. That's without touching on streaming revenues, gaming, and the all-important merchandising income.
Will Disney ever sell Star Wars?
A rumor that Disney will be selling Star Wars back to George Lucas started trending last week on social media. The claim was made on the YouTube channel Overlord DVD, where it was stated that Disney was under massive financial stress over the acquisition cost of Hulu.
Who is the CEO of Star Wars?
Kathleen Kennedy is the president of Lucasfilm and is in charge of the Star Wars franchise. Here is her history and why George Lucas picked her.
Is Apple going to buy Disney?
There would likely be major regulatory issues, and media mega mergers have a long track record of abject failure and value destruction. Apple's history suggests it stays away from large M&A, and there's little evidence Apple wants to buy Disney.