Lucasfilm Acquired By Walt Disney Company – New ‘Star Wars’ Films Coming Soon

George Lucas rings in his retirement by handing over Lucasfilm to Walt Disney Company. The announcement came today via a press release and a video from The Disney Post. You can see both below.

Continuing its strategy of delivering exceptional creative content to audiences around the world, The Walt Disney Company has agreed to acquire Lucasfilm Ltd. in a stock and cash transaction. Lucasfilm is 100% owned by Lucasfilm Chairman and Founder, George Lucas.

Under the terms of the agreement and based on the closing price of Disney stock on October 26, 2012, the transaction value is $4.05 billion, with Disney paying approximately half of the consideration in cash and issuing approximately 40 million shares at closing. The final consideration will be subject to customary post-closing balance sheet adjustments.

“Lucasfilm reflects the extraordinary passion, vision, and storytelling of its founder, George Lucas,” said Robert A. Iger, Chairman and Chief Executive Officer of The Walt Disney Company. “This transaction combines a world-class portfolio of content including Star Wars, one of the greatest family entertainment franchises of all time, with Disney’s unique and unparalleled creativity across multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value.”

“For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said George Lucas, Chairman and Chief Executive Officer of Lucasfilm. “It’s now time for me to pass Star Wars on to a new generation of filmmakers. I’ve always believed that Star Wars could live beyond me, and I thought it was important to set up the transition during my lifetime. I’m confident that with Lucasfilm under the leadership of Kathleen Kennedy, and having a new home within the Disney organization, Star Wars will certainly live on and flourish for many generations to come. Disney’s reach and experience give Lucasfilm the opportunity to blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products.”

Under the deal, Disney will acquire ownership of Lucasfilm, a leader in entertainment, innovation and technology, including its massively popular and “evergreen” Star Wars franchise and its operating businesses in live action film production, consumer products, animation, visual effects, and audio post production. Disney will also acquire the substantial portfolio of cutting-edge entertainment technologies that have kept audiences enthralled for many years. Lucasfilm, headquartered in San Francisco, operates under the names Lucasfilm Ltd., LucasArts, Industrial Light & Magic, and Skywalker Sound, and the present intent is for Lucasfilm employees to remain in their current locations.

Kathleen Kennedy, current Co-Chairman of Lucasfilm, will become President of Lucasfilm, reporting to Walt Disney Studios Chairman Alan Horn. Additionally she will serve as the brand manager for Star Wars, working directly with Disney’s global lines of business to build, further integrate, and maximize the value of this global franchise. Ms. Kennedy will serve as executive producer on new Star Wars feature films, with George Lucas serving as creative consultant. Star Wars Episode 7 is targeted for release in 2015, with more feature films expected to continue the Star Wars saga and grow the franchise well into the future.

The acquisition combines two highly compatible family entertainment brands, and strengthens the long-standing beneficial relationship between them that already includes successful integration of Star Wars content into Disney theme parks in Anaheim, Orlando, Paris and Tokyo.

Driven by a tremendously talented creative team, Lucasfilm’s legendary Star Wars franchise has flourished for more than 35 years, and offers a virtually limitless universe of characters and stories to drive continued feature film releases and franchise growth over the long term. Star Wars resonates with consumers around the world and creates extensive opportunities for Disney to deliver the content across its diverse portfolio of businesses including movies, television, consumer products, games and theme parks. Star Wars feature films have earned a total of $4.4 billion in global box to date, and continued global demand has made Star Wars one of the world’s top product brands, and Lucasfilm a leading product licensor in the United States in 2011. The franchise provides a sustainable source of high quality, branded content with global appeal and is well suited for new business models including digital platforms, putting the acquisition in strong alignment with Disney’s strategic priorities for continued long-term growth.

The Lucasfilm acquisition follows Disney’s very successful acquisitions of Pixar and Marvel, which demonstrated the company’s unique ability to fully develop and expand the financial potential of high quality creative content with compelling characters and storytelling through the application of innovative technology and multiplatform distribution on a truly global basis to create maximum value. Adding Lucasfilm to Disney’s portfolio of world class brands significantly enhances the company’s ability to serve consumers with a broad variety of the world’s highest-quality content and to create additional long-term value for our shareholders.

The Boards of Directors of Disney and Lucasfilm have approved the transaction, which is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act, certain non-United States merger control regulations, and other customary closing conditions. The agreement has been approved by the sole shareholder of Lucasfilm.

Lucas announces in the video that they do in fact have plans for Episode 7, 8, and 9 from the Star Wars universe. Bob Iger mentions television shows as well. Could this mean we will see the Star Wars TV show that Lucas had 100 episodes written and not enough money to bring to the small screen? Perhaps. I think most Star Wars fans are filled with mixed feelings at this moment. Can you trust Disney with the SW franchise? I think so. Look at how they have allowed Marvel to create some of the best superhero stories ever brought to the big screen. Pixar, even with its last two mild box office features, continues to excite audiences. This could be the move that Star Wars fans were needing in order to bring more stories into their home. As a parent of two young children, I am one of those people who is ecstatic about this new venture. My kids are fans of the original Star Wars and would love to have the experience of seeing a new Star Wars film in the theaters. I’m sure we will hear more at SDCC 2013 or at Disney’s D23 Expo.

I know what you’re thinking. What about Howard the Duck? Reboot!?

TRON 30th Anniversary Event

Do you have what it takes to walk down the grid carpet? Well now’s your chance, User. Tickets for the TRON 30th Anniversary Event at the Chinese Theatres in Hollywood on October 27th are now on sale! Click here to purchase them!

The event — which will run from 7 PM till 2 AM that day — will include a screening of the original 1982 TRON movie, a panel with the filmmakers, a costume contest, and an after party — all in an exciting TRON-like environment!

Here’s details regarding both the General Admission and VIP ticket types, and what each includes:

GA $50* ticket gives you access to:
The TRON exhibit
The filmmakers panel with Q&A
The screening of TRON
The party
1 free drink
1 poster

VIP $100* ticket gives you access to:
The TRON Exhibit
The filmmakers panel with Q&A
The screening of TRON
The party
Access to the VIP area
All night open bar in the VIP area
1 limited edition signed poster

– Please note that this is a 21+ over event.
* Ticket prices are subject to increase.

The Iron Man 3 Trailer Has Landed

OMG “Iron Man 3″ trailer has landed! It’s amazing how much they can pack into a two-minute trailer. I was already looking forward to this movie but now I wish I had a time machine (or TARDIS) to make is May 2013.

I don’t even know where to begin. You want suits? We have suits. You want explosions? We have explosions. You want Pepperony with some added drama? Yup, we got that too! You want a ton of emotions that you weren’t prepared for and have no idea what to do with? Done.

What do you think of the trailer? Does it make you more excited? Does it just add to your list of questions?

Marvel’s ‘Iron Man 3′ Gets An Official Synopsis

Iron Man 3 is set to hit theaters on May 3, 2013. Directed and co-written by Shane Black (Kiss Kiss Bang Bang), the new Iron Man film has finally got an official synopsis. Riding on the heals of Thor: The Dark World recent plot synopsis, and not to be outdone. See the official synopsis below, care of Walt Disney Pictures.

Marvel Studios’ Iron Man 3 pits brash-but-brilliant industrialist Tony Stark/Iron Man against an enemy whose reach knows no bounds. When Stark finds his personal world destroyed at his enemy’s hands, he embarks on a harrowing quest to find those responsible. This journey, at every turn, will test his mettle. With his back against the wall, Stark is left to survive by his own devices, relying on his ingenuity and instincts to protect those closest to him. As he fights his way back, Stark discovers the answer to the question that has secretly haunted him: does the man make the suit or does the suit make the man?

Starring Robert Downey Jr., Gwyneth Paltrow, Don Cheadle, Guy Pearce, Rebecca Hall, Stephanie Szostak, James Badge Dale with Jon Favreau and Ben Kingsley, Iron Man 3 is directed by Shane Black from a screenplay by Drew Pearce and Shane Black and is based on Marvel’s iconic Super Hero Iron Man, who first appeared on the pages of Tales of Suspense (#39) in 1963 and had his solo comic book debut with The Invincible Iron Man (#1) in May of 1968.

Iron Man 3 is presented by Marvel Studios in association with Paramount Pictures and DMG Entertainment. Marvel Studios’ President Kevin Feige is producing and Jon Favreau, Louis D’Esposito, Stephen Broussard, Victoria Alonso, Alan Fine, Charles Newirth, Stan Lee and Dan Mintz are executive producers. The film releases May 3, 2013, and is distributed by Walt Disney Studios Motion Pictures.

Marvel is also offering fans an exclusive look at the Iron Man 3 trailer if they can gain a specific amount of “Likes”. Check out their Facebook Page and see if you can help unlock the trailer.

Marvel & MTV Announce Marvel NOW!: Behind The ReEvolution Video Series

Marvel & MTV Announce Marvel NOW!: Behind The ReEvolution Video Series

In-Depth Online Documentary Explores The Biggest Comic Event of the Year

New York, NY—October 15, 2012—Get ready for a behind the scenes look at making comics like never before as Marvel and MTV Geek have once again joined forces to produce Marvel NOW!: Behind The ReEvolution! This all-new video series going behind the scenes of the year’s most anticipated comic book event grants fans unprecedented access into the Marvel offices, creative retreats, key planning meetings and creator studios! This new documentary from MTV Geek shows just how NOW! was developed by the brightest minds in comics. Each episode will debut exclusively on MTV.com beginning October 10.

“This going to be the ultimate jumping in point for anyone interested in comics and a nice peek behind the curtain for the long-term fans,” said Axel Alonso, Editor In Chief, Marvel Comics. “If you’ve ever wanted to be a fly on the wall at one of our top secret meetings—the spirited debates that lead to our best and biggest stories—this is your chance to get an inside look at the future of Marvel. It’s called Marvel NOW! for a reason.”

Kicking off in October, Marvel NOW! unites the top talent in the comic industry—including Rick Remender, John Cassaday, Brian Michael Bendis, Stuart Immonen, Jonathan Hickman, Jerome Opena & so many more—for the biggest stories of the year. In the fallout of Avengers Vs. X-Men, watch the Marvel Universe rebuild itself in a way no one will ever forget!

“Through Avengers vs. X-Men: War Journals MTV Geek gave fans a groundbreaking inside look at Marvel,” said MTV Digital Executive Producer Tom Akel. “Marvel is upping the ante with a shakeup of both the talent and the Marvel Universe and we’ll have to capture that creative energy.”

This October, fans get a unique look at the Marvel NOW! Initiative and all the great new series in Marvel NOW!: Behind the ReEvolution at http://marvelnow.mtv.com. And on October 10th make sure to pick up your copy of Uncanny Avengers, in comic shops and on the Marvel Comics app.

So what are you waiting for? Check out the first episode here: LINK

UNCANNY AVENGERS #1 (AUG120550)

Written by RICK REMENDER

Art and Cover by JOHN CASSADAY

ON SALE NOW!

Marvel’s ‘Thor: The Dark World’ Has An Official Synopsis

Marvel’s November 2013 release of Thor: The Dark World got an official plot synopsis care of Walt Disney Pictures.

-Marvel’s “Thor: The Dark World” continues the big-screen adventures of Thor, the Mighty Avenger, as he battles to save Earth and all the Nine Realms from a shadowy enemy that predates the universe itself. In the aftermath of Marvel’s “Thor” and “Marvel’s The Avengers,” Thor fights to restore order across the cosmos…but an ancient race led by the vengeful Malekith returns to plunge the universe back into darkness. Faced with an enemy that even Odin and Asgard cannot withstand, Thor must embark on his most perilous and personal journey yet, one that will reunite him with Jane Foster and force him to sacrifice everything to save us all.

Starring Chris Hemsworth, Natalie Portman, Tom Hiddleston, Stellan Skarsgård, Idris Elba, Christopher Eccleston, Adewale Akinnuoye-Agbaje, Kat Dennings, Ray Stevenson, Zachary Levi, Tadanobu Asano and Jaimie Alexander with Rene Russo and Anthony Hopkins as Odin, “Thor: The Dark World” is directed by Alan Taylor, produced by Kevin Feige, from a story by Don Payne (credit not final) and screenplay by Christopher Yost and Christopher Markus & Stephen McFeely (credit not final) and is based on Marvel’s classic Super Hero Thor, who first appeared in the comic book “Journey into Mystery” #83 in August, 1962.

“Thor: The Dark World” is presented by Marvel Studios. The executive producers are Louis D’Esposito, Alan Fine, Stan Lee, Victoria Alonso, Craig Kyle and Nigel Gostelow. The film releases November 8, 2013, and is distributed by Walt Disney Studios Motion Pictures.-

So it looks like Thor will be in battle against Malekith, ruler of the Dark Elves. We still have an entire year before we see Thor on the big screen again. Bit by bit, Marvel will continue to give us just enough to keep us excited. Iron Man 3 is set to release on May 3, 2013. We may get a post credit sequence teaser of events taking place in Thor: The Dark World. Until then, enjoy the synopsis above and wait patiently.

Thor: The Dark World slams into theaters November 8, 2013

(source: ComingSoon.net)

Marvel Studios Offers An Official Release Date for ‘Ant-Man’

Marvel Studios, in conjunction with Walt Disney Studios, have made it official…Ant-Man movie will be released on November 6, 2015. This will be six months after the release of The Avengers 2. So, can we assume Ant-Man won’t be in The Avengers 2? Perhaps. In the meantime the speculations can begin on who will play Dr. Henry Pym, A.K.A. Ant-Man.

Ant-Man will be directed by Edgar Wright (Scott Pilgrim vs. The World, Hot Fuzz, Shaun of the Dead). A spec script has already been written by Wright and Joe Cornish (Attack the Block). With this new Green Light, we can expect lot’s of exciting developements over the next couple years.

Who do you think should play Dr. Henry Pym/Ant-Man?