The Walt Disney Company officially owns LucasFilm after finalizing the deal as explained in this press release:
BURBANK, Calif., December 21, 2012 – Continuing its strategy of delivering exceptional creative content to audiences around the world, Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company (NYSE:DIS) announced today that Disney has completed its acquisition of Lucasfilm Ltd. LLC.
“We’re thrilled to welcome Lucasfilm to the Disney family,” said Iger. “Star Wars is one of the greatest family entertainment franchises of all time and this transaction combines that world class content with Disney’s unique and unparalleled creativity across multiple platforms, businesses, and markets, which we believe will generate growth as well as significant long-term value.”
Under the terms of the merger agreement, at closing Disney issued 37,076,679 shares and made a cash payment of $2,208,199,950. Based upon the closing price of Disney shares on December 21, 2012 at $50.00, the transaction has a total value of approximately $4.06 billion.
Lucasfilm’s assets include its massively popular Star Wars franchise, operating businesses in live action film production, consumer products, animation, visual effects, and audio post production, as well as a substantial portfolio of cutting-edge entertainment technologies. It operates under the names Lucasfilm Ltd. LLC, LucasArts, Industrial Light & Magic, and Skywalker Sound.
Geek Tyrant has uncovered new concept art for Frozen, Disney’s upcoming take on Han Christian Andersen’s ‘The Snow Queen’ starring Kristen Bell and Idina Menzel!
In Frozen, a prophecy traps a kingdom in eternal winter, so Anna (voice of Bell) must team up with Kristoff, a daring mountain man, on the grandest of journeys to find the Snow Queen (voice of Menzel) and put an end to the icy spell. Encountering Everest-like extremes, mystical creatures and magic at every turn, Anna and Kristoff battle the elements in a race to save the kingdom from destruction.
Frozen will be a CG animated film scheduled to be released on November 27, 2013.
/Film is reporting that Saoirse Ronan (The Host), Alicia Vikander (Anna Karenina) and Gabriella Wilde (Carrie) are the three stars left in the running to star in Mark Romanek’s live-action adaptation of Cinderella, which will be released by Disney.
All three are rumored to test for the leading role, though there’s no word on whether or not they’ll be auditioning with Cate Blanchett, who has already been cast as the evil stepmother.
Here’s the background on each actress:
Ronan has the highest profile of the three within the U.S., thanks to her work on Atonement, The Lovely Bones, and Hanna — the latter of which also starred Blanchett. She’ll next appear in Andrew Niccol’s Stephenie Meyer adaptation The Host. The downside for Ronan is that she’s so in-demand, she may have trouble fitting Cinderella into her schedule. She recently landed the female lead in Wes Anderson’s The Grand Budapest Hotel, and is attached to lead role in Working Title’s Mary Queen of Scots.
Swedish actress Vikander isn’t as well known as Ronan, but she’s on her way up. She’s currently starring in Joe Wright’s Anna Karenina, and will star opposite Jeff Bridges, Julianne Moore, and Ben Barnes in The Seventh Son.
The British-born Wilde was seen last year in The Three Musketeers, and has just wrapped a key role in Kimberly Peirce’s Carrie remake.
Some of the world’s most renown designers have come together to give our favorite Disney Princesses a high fashion makeover which will serve as the enhancing holiday displays at Harrod’s, Europe’s largest department store located in London, England.
Here’s something that we didn’t see coming! Today it was announced that Disney has acquired Lucasfilm for $4.05 billion giving it all rights to the Star Wars franchise. And what is probably the aspect of this deal that’s creating the most buzz is the fact that in 2015 we will be getting Star Wars: Episode VII! You have to let us know what you think about that!
Here’s and excerpt from a very in depth article by Collider:
Disney has purchased George Lucas’ Lucasfilm for $4.05 billion, and has earmarked a 2015 release date for Star Wars: Episode VII. Yes, you read that right. Not only will Disney be in command of the Star Wars empire, but a seventh entry in one of the most popular franchise of all time is in the works and set for release the same year as The Avengers 2 and Justice League.
I’m still in a fair amount of shock here, but with this move Disney has solidified its plans to take over the world as the company now houses Pixar, Marvel, and Lucasfilm. The new was announced by both companies, so this is no hoax.
The Toy Story franchise has spawned a number of shorts from Disney/Pixar, the most recent of which is now online!
Partysaurus Rex features our favorite plastic dinosaur becoming a legend among Bonnie and the bath toys with his usual crazy antics! The short has been playing in front of the theatrical re-release of Finding Nemo in 3D.
For a higher quality video, check out our original source– Collider!
We all root for the Disney heroes, but what if they weren’t so lucky come the end of the film? What would a Disney villain do to celebrate their victory over all that is good and wholesome?!
Artist and Disney enthusiast Justin Turrentine has given it plenty of thought and released his version of the “happy endings” five old school Disney villains would get if their plans weren’t foiled by the good guys!
Cruella De Vil
Cinderella’s Stepmother and stepsisters
Justin is planning to create even more drawing featuring characters from Aladdin, Beauty and the Beast, The Lion King, and more! We’ll keep you updated as they appear!