Disney Snags Lucasfilm for 4.05B – What’s On the Horizon, Really

This is old tech news, but in case you missed it: Disney has your childhood memories on lock. Seriously — they bought Marvel, now they’ve bought Lucasfilm. A few people are still a bit confused on how this will affect things, but we wanted to clear up a few things.

The reality is that it takes money to keep these staples of childhood alive and well. Why not release the brand to someone who can really bring it to life? Sometimes it just doesn’t pay to have a lot of empty intellectual properly just hanging around.

The Disney-Lucasfilm deal is huge — 4.05 billion dollars, to be exact. A lot of geeks are assuming the worst will come out of this deal but we don’t think so at all.

Disney has indicated that they are going to make sequels to the Star Wars series. The first will be delivered in 2015 — though with obviously Hollywood slowdowns, who knows if that will actually happen.

It’s apparently a great day for charity as well, as George Lucas plans to donate much of it to charity once everything closes. The deal is to be distributed in terms of cash as well as Disney shares.

Star Wars is a franchise that is definitely not going to go anywhere. Securing the rights to the empire is definitely a strong move on Disney’s side of things. They have the distribution channels to really bring good things to the table. They have plenty of TV, theme parks, and everything else in between.

So relax, Star Wars fans. The deal just got greenlighted on December 5th. It’s going to be all about getting things together for some real big stuff to actually happen. Don’t give up — just stay tuned and watch!