Franchise FAQ

how much did george lucas sell star wars franchise for

by Danial Larson Published 2 years ago Updated 1 year ago
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$4.05 billion

Does George Lucas still own anything Star Wars?

Yes he sold Star Wars, but he'd still be raking in money those films continue to make. On Episode VII, he'd at least be getting writer royalties because they are his characters. That said, Disney didn't just cut him a $4 billion cheque, as half that money was in Disney stocks so I would suspect owning $2 billion in Disney would earn some money.

Why did they stop making Star Wars The Clone Wars?

This last point is likely significant; it's reasonable to assume Disney wanted an immediate return on investment for the Lucasfilm purchase, and they weren't happy with producing shows for a competitor. Thus they cancelled Star Wars: The Clone Wars, and its successor series Star Wars Rebels aired on DisneyXD instead.

When did Disney buy Lucasfilm?

Lucasfilm was founded by filmmaker George Lucas in 1971 in San Rafael, California; most of the company's operations were moved to San Francisco in 2005. Disney acquired Lucasfilm on October 30, 2012 for $4.05 billion in the form of cash and stock, with $1.855 billion in stock.

Why did George Lucas divorce?

When Disney decided to go in a different direction Lucas apparently decided to divorce himself from the project entirely. The reason for the shift seems to be a fundamental difference in the way each party looked at the story. Disney wanted to make a space opera, while Lucas wanted to make a soap opera.

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How much did George Lucas sell his rights to?

However, there are reasons why George Lucas decided to step away from having any creative control over his intellectual property and sell all of the rights for a whopping $4 billion in the first place...

Why do George and George want to test everything?

They want to test everything to make sure that they will get a return on their investment. George, however, was using the money he made and the resources he had to play around and see if something was worth showing to people.

When did Bobby and Paula leave Med Sea?

After leaving the show following season 2 of Med Sea, Bobby and Paula remained close, even visiting one another up until the end of 2017.

Did George Lucas make money from Star Wars?

Up until the 2012 deal with Dis ney, George had obviously made a ton of money thanks to Star Wars. Much of that money was used to keep his company, LucasFilm up and running, although he was successfully doing deals with multiple film studios who wanted access to his technology and employees.

Is there a Star Wars movie without George Lucas?

There would be no Star Wars without George Lucas. That's an obvious fact. And yet, Disney really didn't want the filmmaker involved in their sequel trilogy. Most of this had to do with the fact that his prequel trilogy was deeply, deeply flawed. Ironically, with time, fans appear to enjoy the prequels far more than Disney's much-maligned sequel trilogy. Of course, almost everyone would agree that the original films are the best. Given the fact that George was the man (mostly) responsible for the success of the original films, it's a shame that Disney didn't try and include him more in development.

How much money did George Lucas make from Star Wars?

George Lucas's net worth off of the original Star wars movies, which includes directing, story writing, owning ALL the rights to the movies and ESPECIALLY the incredibly lucrative merchandizing deals, was 4 billion dollars. This does NOT include the prequels which, while still making billions, made less than the original trilogy.

Who made the effects for Star Wars?

Lucas also started his own special fx company Industrial light and Magic which made the effects for all the Star Wars films and other major Blockbusters such as Jurassic Park and scores of others. To this day it's Still one of the top of not THE top special effects companies in the world. So Lucas also rakes in hundreds of millions from that to.

How many Star Wars movies are there?

Many billions. From the 6 films, video reproductions and the gargantuan amount of by-products, toys and books related to Star Wars.

When will the Lucas Museum of Narrative Art open?

The Lucas Museum of Narrative Art, funded by Lucas and Hobson, is slated to open in Los Angeles in 2023. Advertisement.

How long did it take to make the Darth Vader trilogy?

Darth Vader and George Lucas. “It takes 10 years to make a trilogy—Episodes I to III took from 1995 to 2005,” he said. “I’d still be working on Episode IX! In 2012, I was 69.

When is Star Wars Day 2021?

May. 4 2021, Updated 10:13 a.m. ET. As we hit another Star Wars Day on May 4—as in “May the 4th be with you”—the famous sci-fi transition is in a transitional era. In the eight years since writer-director George Lucas sold Lucasfilm and its Star Wars franchise to The Walt Disney Company, we’ve seen the Skywalker Saga’s final film trilogy come ...

Who directed the Empire Strikes Back?

Lucas added that, as “one of those micromanager guys,” he’d be frustrated if he were “once removed” from the production—like he was during the production of The Empire Strikes Back, directed by Irvin Kershner, and Return of the Jedi, directed by Richard Marquand.

Is George Lucas a billionaire?

Lucas is indeed a billionaire— seven times over. Forbes reported on May 3, that Lucas’s real-time net worth was $7.2 billion.

How much did George Lucas make from Disney?

New report suggests George Lucas has made $10 billion from Disney acquisition. When George Lucas sold his company Lucasfilm to the Walt Disney Company in 2012 for $4 billion, it exponentially increased his already high net worth.

How much money did George Lucas make from the Mouse House?

While George Lucas has voiced some regrets in the past about selling his company, I’m sure the fact that he has made $10 billion or more from the sale has helped heal some of the wounds.

Is Star Wars going to be sold to Disney?

Obviously, the sale of the company to Disney has seen a reinvigoration of the Star Wars brand in the last six years. From the sequel trilogy to the massively popular Galaxy’s Edge theme parks, Disney has made a ton of money off of Star Wars, and Lucas has seen his fair share of the profits. The details of the sale helped ensure ...

When did George Lucas re-release Star Wars?

He also produced and wrote a variety of films and television series through Lucasfilm between the 1970s and the 2010s. In 1997, Lucas re-released the Star Wars Trilogy as part of a special edition featuring several alterations; home media versions with further changes were released in 2004 and 2011.

How much did Lucasfilm sell for?

Proceeds from the sale of Lucasfilm to Disney. In 2012, Lucas sold Lucasfilm to The Walt Disney Company for a reported sum of $4.05 billion. It was widely reported at the time that Lucas intends to give the majority of the proceeds from the sale to charity.

How many Academy Awards did George Lucas win?

Lucas was nominated for four Academy Awards: Best Directing and Writing for American Graffiti and Star Wars. He received the Academy's Irving G. Thalberg Award in 1991. He appeared at the 79th Academy Awards ceremony in 2007 with Steven Spielberg and Francis Ford Coppola to present the Best Director award to their friend Martin Scorsese. During the speech, Spielberg and Coppola talked about the joy of winning an Oscar, making fun of Lucas, who has not won a competitive Oscar.

What school did George Lucas go to?

At Plummer's recommendation, Lucas then transferred to the University of Southern California (USC) School of Cinematic Arts. USC was one of the earliest universities to have a school devoted to motion picture film. During the years at USC, Lucas shared a dorm room with Randal Kleiser. Along with classmates such as Walter Murch, Hal Barwood, and John Milius, they became a clique of film students known as The Dirty Dozen. He also became good friends with fellow acclaimed student filmmaker and future Indiana Jones collaborator, Steven Spielberg. Lucas was deeply influenced by the Filmic Expression course taught at the school by filmmaker Lester Novros which concentrated on the non-narrative elements of Film Form like color, light, movement, space, and time. Another inspiration was the Serbian montagist (and dean of the USC Film Department) Slavko Vorkapić, a film theoretician who made stunning montage sequences for Hollywood studio features at MGM, RKO, and Paramount. Vorkapich taught the autonomous nature of the cinematic art form, emphasizing the kinetic energy inherent in motion pictures.

How much did George Lucas pay for the museum?

Lucas offered to pay the estimated $300 million cost of constructing the museum, and would endow it with $400 million when it opened, eventually adding an additional $400 million to its endowment. After being unable to reach an agreement with The Presidio Trust, Lucas turned to Chicago.

What camera did George Lucas use?

He also began shooting with an 8 mm camera, including filming car races . At this time, Lucas and his friend John Plummer became interested in Canyon Cinema: screenings of underground, avant-garde 16 mm filmmakers like Jordan Belson, Stan Brakhage, and Bruce Conner.

What was George Lucas' next movie?

Lucas produced and co-wrote the sequels The Empire Strikes Back (1980) and Return of the Jedi (1983).

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