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Disney Acquires LucasArts

[Oct 31, 2012, 3:01 pm ET] - Share - Viewing Comments

The Walt Disney Co. has agreed to acquire Lucasfilm for $4.05 billion in cash and stock, in one of the big stories the storm prevented us from reporting when it was announced yesterday. As noted by latimes.com, the deal includes ILM and most everything else from the Star Wars franchise to LucasArts, the company's gaming arm. The story focuses on plans to imbue Disney's theme parks with The Force and on plans to continue the Star Wars film series, but Forbes has word on the gaming implications of this, suggesting that this might make LucasArts' gaming efforts less focused, rather than more. They say Bob Iger indicated PC titles will likely be licensed, and "In its core division, Disney will likely be focusing on social and mobile games based around Star Wars." In the meantime, Star Wars 1313 is still on track, but they also note the complications of persuing other projects gamers dream about: "As for all those other dream titles? It’s more complicated than just Lucas being out of the picture. KOTOR 3 for example is under the license granted to EA/Bioware currently, and after the disaster of The Old Republic, it’s hard to imagine them gambling on a game so similar, even if the old ones were classics."

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Re: Disney Acquires LucasArts

Oct 31, 2012, 15:32

Tumbler

I feel like Disney is getting this stuff for a bargain. I don't know how much stock is involved but the 4 billion in cash is a surprisingly low number. In the hands of the right people these IP's should be worth FAR more than that I think.

Lucas did an amazing job making the Star Wars and Indiana Jones IP look like shit in the past decade. I have to imagine this stuff was worth A LOT more before he started doing the clone wars stuff and Indiana Jones stuff.

For all I know he made more than enough to justify the drop in quality. The theaters were packed for each movie if I remember. I went and saw them...maybe he made more than enough to compensate for the drop in value of his company/companies. Plus he did those special editions...and I went and saw all those...didn't I? I can't remember, pretty sure I did.

I wonder if that Episode I 3d release was the straw that broke the camels back? I don't know anyone that saw that and I have to imagine that is kind of telling for Lucas.

I feel like we should be thanking him (Lucas) for selling. It's painful to see such a powerful and amazing franchise get such poor leadership.

I'm cautiously optimistic about Episode 7. Assuming this is the Heir to the empire trilogy I'll be very interested to see more details. If it's not and they're just making a new story I'd say we're in for more of the same.

That Zahn trilogy was amazing. So much awesome stuff in that. Put some money into a decent team that can do the story justice.

What do you do with all the people working at Lucasfilm/Arts right now? If you were serious about getting these IP's strong again it's hard not to just fire everyone and start over. Hire back people who you think will be good but I have to imagine those organizations are a product of Lucas' choices over the past 10 years.




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Comment [quote="Tumbler"Oct 31, 2012, 15:32]I feel like Disney is getting this stuff for a bargain. I don't know how much stock is involved but the 4 billion in cash is a surprisingly low number. In the hands of the right people these IP's should be worth FAR more than that I think. Lucas did an amazing job making the Star Wars and Indiana Jones IP look like shit in the past decade. I have to imagine this stuff was worth A LOT more before he started doing the clone wars stuff and Indiana Jones stuff. For all I know he made more than enough to justify the drop in quality. The theaters were packed for each movie if I remember. I went and saw them...maybe he made more than enough to compensate for the drop in value of his company/companies. Plus he did those special editions...and I went and saw all those...didn't I? I can't remember, pretty sure I did. I wonder if that Episode I 3d release was the straw that broke the camels back? I don't know anyone that saw that and I have to imagine that is kind of telling for Lucas. I feel like we should be thanking him (Lucas) for selling. It's painful to see such a powerful and amazing franchise get such poor leadership. I'm cautiously optimistic about Episode 7. Assuming this is the Heir to the empire trilogy I'll be very interested to see more details. If it's not and they're just making a new story I'd say we're in for more of the same. That Zahn trilogy was amazing. So much awesome stuff in that. Put some money into a decent team that can do the story justice. What do you do with all the people working at Lucasfilm/Arts right now? If you were serious about getting these IP's strong again it's hard not to just fire everyone and start over. Hire back people who you think will be good but I have to imagine those organizations are a product of Lucas' choices over the past 10 years. [/quote]

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