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.
In Star Trek Catan, players start the game with two small space stations at the intersection of three planets, with each planet supplying resources based on the result of a dice roll. Players collect and trade these resources – Dilithium, Tritanium, food, oxygen and water – in order to build spaceships that connect regions in the galaxy, establish small and large space stations at new intersection points in order to increase resource acquisition, and acquire development cards that provide victory points (VPs) or special abilities.
On a dice roll of 7, a Klingon ship swoops in to prevent resource production on one planet, while taxing spacegoers who hold too many resources.
The one new element in Star Trek Catan compared to the Settlers version is a set of character cards, each featuring one of Kirk, Spock, McCoy, Sulu, Scott, Uhura, Chekov, Chapel, Rand or Sarek. Each character card has two special powers that the holder can use on his turn, such as a forced trade.
via Topless Robot.
what do you think it’ll cost? $100 a season?
I only wish this were a real magazine. Kirk is just so dreamy
via boldly gone a webseries that I just picked up, and am enjoying very much, it’s about another pretty good captain in the star trek ‘verse that feels like he’s constantly getting overshadow’s by kirk’s accomplishments.
ORIGINAL CAST OF STAR TREK: THE NEXT GENERATION® will be coming together for a special reunion at the Calgary Comic & Entertainment Expo April 27-29, 2012 in Calgary, Alberta, CANADA
(CALGARY, Alberta, CANADA) – IT WAS 25 YEARS AGO that Star Trek: The Next Generation® revived the sense of adventure inherent in the original Star Trek® series. TNG created its own signature interpretation of hitching a ‘wagon train to the stars’. Now, over two decades later, fans of all ages will get their chance to see the nine principal members of the cast together for a stellar reunion in Calgary, Alberta, CANADA during the Calgary Comic & Entertainment Expo, April 27-29, 2012.
To date, the Calgary Expo is the only event in the world scheduled to host such a gathering in 2012. It is also the first time the entire original cast has appeared as a group at a convention in over two decades.
Sir Patrick Stewart (Captain Jean-Luc Picard), Jonathan Frakes (Commander William Riker), Brent Spiner (Lt. Commander Data), Marina Sirtis (Counselor Deanna Troi), Denise Crosby (Security Chief Tasha Yar), LeVar Burton (Chief of Engineering Geordi La Forge), Gates McFadden (Chief Medical Officer Beverly Crusher), Michael Dorn (Lt. Commander Worf) and Wil Wheaton (Wesley Crusher) will all be Guests of Honour during the Calgary Expo. The cast will be meeting fans for autographs, individual and group photos (fees vary for each Media Guest), and participating in specially-grouped panels and discussions over the course of the weekend. Calgary Expo hours are Friday 3 PM to 8 PM, Saturday 10 PM to 7 PM, and Sunday 10 AM to 5 PM MST, April 27-29, 2012.
In addition, the full cast will also take the stage for a special once-in-a lifetime reunion event, Star Trek® TNG EXPOsed, on the evening of Saturday, April 28, at the Stampede Corral, in Calgary, Alberta, Canada. Doors open at 6 PM MST and the program will begin at 7 PM MST. Nearly 5,000 seats will be available for this event, with prices ranging from $40 – $125 (CDN).
NOTE: Box office sales for the Star Trek® TNG EXPOsed, will begin at 10 AM MST (-7 GMT), on Saturday, February 18, 2012 via www.tickemaster.com.
The live evening event will open with host Emily Expo (the Calgary Expo’s mascot), and includes entertainment by local musicians Johnny Summers Little Big Band, special moderators Teddy Wilson, Cynthia Loyst and Ajay Fry (hosts of InnerSPACE on SPACE) and a special video tribute to the cast. The Calgary Comic & Entertainment Expo will also offer a series of unique, must-have collectables for the serious TNG fan including a commemorative program to mark the occasion.
Kandrix Foong, Founder and Director of the Calgary Comic & Entertainment Expo, not only sees this as a history making celebration for the Calgary Expo, but also for Sci-Fi fans.
“We feel privileged to be hosting this event as it is a rarity that many people will never have the opportunity to experience again. The immensity of this reunion adds to Calgary’s international appeal in a unique way for pop culture enthusiasts on a global scale.”
One or more cast members are also anticipated to stop by the Vulcan Tourism & Trek Station in Vulcan, Alberta for a special visit on Friday, April 27, 2012. More details will be available in a future release. The Calgary Comic & Entertainment Expo made interplanetary history in 2010 when Leonard Nimoy, (Mr. Spock) attended the Calgary Expo as a Guest of Honour. He also made a special “homecoming” visit to Vulcan, Alberta—the Official Star Trek® Capital of Canada. Over 5,000 people paid tribute him in a special ceremony. Leonard graciously left his mark on Vulcan and Star Trek® fans in several ways, with a handprint set in bronze, and by lending a pair of “ears” he used on the set in 1966. For more information on Vulcan and the Trek Station, visit www.vulcantourism.com.
To celebrate this incredible announcement, the Calgary Comic & Entertainment Expo will be hosting a screening of Star Trek: First Contact® at the Plaza in Kensington, Calgary, Alberta, on February 5, 2012 at 3 PM MST. A portion of the ticket sales will go toward the Make-A-Wish Foundation. Attendees will have the opportunity to enter a raffle for a pair of VIP passes to the 2012 convention as well as some other fantastic prizes. Proceeds from the raffle will also go to the Make-A-Wish Foundation. Costumes are encouraged and the person with the best Star Trek® related costume or prop will also be eligible to win some great merchandise!
Calgary Comic & Entertainment Expo Backgrounder The Calgary Comic & Entertainment Expo has been a destination event since 2006, profiling talent from across the world in seven key genres: Comics, Sci-Fi, Horror, Toys, Anime, Cartoons, and Gaming. It is Western Canada’s largest pop culture convention and the second largest event of its kind in all of Canada. Noted for its Western hospitality, superb line up of talent and the promotion of Canadian artists, actors, and creators, the event has grown to become a destination experience for fans all over the world. The weekend event will be held at the BMO Centre in Stampede Park, Calgary, Alberta. Many fantastic guests have been announced for the 2012 Calgary Expo including Adam West, Tom Felton, Amanda Tapping, Hayden Panettiere, Tara Strong, David Prowse, James Marsters, Robert Englund, Billy West, John Noble, Katee Sackhoff, John DiMaggio, and creator guests Dale Eaglesham, George Pérez, and Yanick Paquette and many more to come. Over 35,000 people are expected to attend this year’s Calgary Comic & Entertainment Expo. Last year, the Calgary Expo garnered 30,000 attendees. Full cast biographies, tickets to the Star Trek® TNG EXPOsed event, passes to the Calgary Expo, updates and Emily Expo’s blog can be found at calgaryexpo.com. Stay connected on Twitter: @CalgaryExpo, and Facebook. com/CalgaryExpo.
Yesterday, I lost my day job. I was fired for some rather dubious reasons, but it boiled down to the fact that someone on the board of directors didn’t like the fact that I had a job, so they lobbied to correct that situation, and thus I find myself wondering how I’m going to make my next mortgage payment, or how I’m going to buy my next beer (answer, no beer until I’m back in the work force).
That being said, now that I’m temporarily unemployed, I’m going to devote much more time to the various websites that I have created and just let coast, including www.internet-d.com www.movieties.com and www.myconfinedspace.com My first task to to create a new “landing page” for mcs. This also means TIMELY posts on internet-d and movieties, so please feel free to visit those sites.
Another thing this means? I’m going to be in the MCS chatroom MUCH more, and I’m going to need people to talk to, so feel free to swing on by. This is going to be a full time gig for a while, so starting 8:30am EST until
I wish I knew what this was about, the plot seems AMAZING.