Burbank, CA and San Francisco, CA, October 30, 2012 – Continuing its strategy of delivering exceptional creative content to audiences around the world, The Walt Disney Company (NYSE: DIS) has agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm Chairman and Founder, George Lucas.
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. The final consideration will be subject to customary post-closing balance sheet adjustments.
"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."
By Associated Press, Updated: Tuesday, October 30, 3:45 PM
LOS ANGELES — A decade since George Lucas said “Star Wars” was finished on the big screen, a new trilogy under new ownership is destined for theaters after The Walt Disney Co. announced Tuesday that it was buying Lucasfilm Ltd. from him for $4.05 billion.
The seventh movie, with a working title of “Episode 7,” is set for release in 2015. Episodes 8 and 9 will follow. The trilogy will continue the story of Luke Skywalker, Han Solo and Princess Leia beyond “Return of the Jedi,” the third film released and the sixth in the saga. After that, Disney plans a new “Star Wars” movie every two or three years. Lucas will serve as creative consultant in the new movies.
Heather Langenkamp, best-known to fans for her role as Nancy Thompson in A Nightmare on Elm Street, has a small role in next year’s Star Trek into Darkness.
During an interview regarding her new documentary, I Am Nancy, the actress admitted that she will be seen in the Star Trek sequel. “Well, I had the opportunity to play a small part in Star Trek, so I’m looking forward to that,” she said.
Langenkamp kept mum on just what her role in the movie was, as per usual in the world of Abrams Trek. “I can’t tell you anything about that, but that was a thrill for me,” she said.
Could a hint regarding Langenkamp’s role come from her husband’s work though? “My husband and I worked on the makeup effects for Star Trek,” she said. “He designed some of them, so that’s the thing weâ€™re looking forward to most.