Contents
How much did Disney spend on LucasArts?
Then, in 2012, Lucas and The Walt Disney Company shocked everyone when then-CEO Bob Iger announced that Disney was buying Lucasfilm, Ltd. in a $4 billion deal.
How much was LucasArts sold for?
Acquisition by Disney The Walt Disney Company acquired Lucasfilm and its subsidiaries including LucasArts by December 21, 2012, following regulatory approval in a deal for $4.05 billion.
How much did Disney pay for Star Wars?
Disney purchased the franchise from Lucasfilm for $4.05 billion in 2012.
Why did Disney close LucasArts?
In essence they decided that they didn’t really want to manage internal game development projects anymore and would instead pursue a model where they’d license out IPs to studios with solid track records of sales. Shuttering Lucasarts was a part of that policy.
Why did LucasArts sell Star Wars?
Star Wars creator George Lucas says he sold the franchise to Disney as he wanted to spend time with his family and raise his daughter. Star Wars creator George Lucas says he sold the franchise to Disney as he wanted to spend time with his family and raise his daughter.
Who owns LucasArts?
Lucasfilm
Lucasarts/Parent organizations
On October 30, 2012, LucasArts was acquired by The Walt Disney Company through the acquisition of its parent company Lucasfilm in a deal for $4.05 billion.
How much money did Disney make by buying Lucasfilm?
Key Points Six years ago, Disney bought Lucasfilm for $4.05 billion. The four Star Wars feature films Disney has released since 2015 have grossed more than $4.8 billion at the box office. Disney also makes money from licensing agreements and sales of merchandise, apparel and toys.
How much money has Disney made with Star Wars?
Not every moviegoer is the same. Star Wars has paid off for Disney. After five years and three blockbuster films, Disney’s Star Wars movies have earned more at the box office than the company paid for all of Lucasfilm. Disney bought the studio behind Star Wars and Indiana Jones for $4 billion in cash and stock in 2012.
When was the merger between Disney and Lucasfilm approved?
Starting with Star Wars Rebels, certain products will be co-branded with the Disney name, akin to what Disney has done with Pixar. On December 4, 2012, the Disney-Lucasfilm merger was approved by the Federal Trade Commission, allowing the acquisition to be finalized without dealing with antitrust problems.
How many employees did George Lucas have when he started Lucasfilm?
Lucas wanted the focus of the company to be making independent films, but the company gradually became enlarged from five employees to almost 100, increasing in middle management and running up costs.