Disney just bought the mother of all money-printing machines…Buying Star Wars Was a Brilliant Move by Disney.

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Movie stars aren’t the most valuable thing in Hollywood. Neither are whip-smart screenwriters, superstar directors, or deep-pocketed producers. The single most valuable thing in the movie business is owning popular content with a great track record and the possibility of future sequels. That’s where the money is.

And that’s why Disney is on a Popular Movie Franchise Spending Spree. In 2006, it paid $11 billion for Pixar. In 2009, it paid $4 billion for Marvel. And yesterday, it paid another $4 billion to acquire Lucasfilm and the right to continue the Star Wars franchise into the future.

Will the next Star Wars movie be any good? Who knows. Continue reading

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Disney to make new ‘Star Wars’ movies, buy Lucasfilm for $4.05 billion from George Lucas

LOS ANGELES (AP) — A decade since George Lucas said “Star Wars” was finished on the big screen, a new trilogy under new ownership is destined for theaters after The Walt Disney Co. announced Tuesday that it would buy Lucasfilm Ltd. from him for $4.05 billion.
The seventh movie, with a working title of “Episode 7,” is set for release in 2015. Episodes 8 and 9 will follow. The trilogy will continue the story of Luke Skywalker, Han Solo and Princess Leia beyond “Return of the Jedi,” the third film released and the sixth in the saga. After that, Disney plans a new “Star Wars” movie every two or three years. Continue reading