I’ve been mildly busy with all things Hurricane Sandy (by which I mean “reporting on Hurricane Sandy,” and also not having power, and so obviously I hope everyone suffering to whatever degree from the storm is doing as well as possible) (I am sure you are now 100 percent okay, now that someone wished you well on a blog), but anyway I had to note this craziness: George Lucas sold Lucasfilm to Disney for $4 billion dollars.
Under the deal, Disney will acquire ownership of Lucasfilm, a leader in entertainment, innovation and technology, including its massively popular and “evergreen” Star Wars franchise and its operating businesses in live action film production, consumer products, animation, visual effects, and audio post production. Disney will also acquire the substantial portfolio of cutting-edge entertainment technologies that have kept audiences enthralled for many years. Lucasfilm, headquartered in San Francisco, operates under the names Lucasfilm Ltd., LucasArts, Industrial Light & Magic, and Skywalker Sound, and the present intent is for Lucasfilm employees to remain in their current locations.
There are three major components to consider here. First, the “Star Wars” angle, which I will return to in a moment, which in hindsight makes it kind of silly that I listed it first but whatever, moving on. Also, there’s the ILM/Skywalker Sound angle, which means Disney just acquired the visual effects goliath responsible for the spectacle you saw in “Jurassic Park,” the “Pirates of the Caribbean” movies and, obviously, the “Star Wars” films.
The “Star Wars” thing is the biggest part of this whole story, because of this: Continue reading