Wednesday, April 10, 2013

Disney Buys STAR WARS!

Hello Fellow Film Buffs,

   Just a little information and some updates on whats going on in the world of film!!!!

Just recently Walt Disney Co. bought the Lucasfilm in a 4 billion dollar deal, this will bring forth plans to unleash the 7th episode in the summer of 2015. At first there was a lot of not so happy campers when this news was released especially those diehard fans not being too thrilled that their beloved star wars would be under the hands of people that brought you disney princesses. Although I must say Disney has proven themselves to bring forth their game when necessary and I honestly think they will stop at nothing to make sure they satisfy those who appeal to this.The deal includes Lucasfilm's prized high-tech production companies, Industrial Light & Magic and Skywalker Sound, as well as rights to the "Indiana Jones" franchise.The company expects the Lucasfilm deal to add to earnings in 2015. Along with the cash, Lucas will end up owning about 40 million Disney shares, which is about a 2.2 percent stake of the 1.83 billion shares that will be in circulation when the transaction closes.

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