tv.broadwayworld.com

Disney Finishes Acquisition of Lucasfilm

December 21
5:25 2012

Disney Finishes Acquisition of Lucasfilm

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.

Related Links
Xfinity TV Unveils the Ultimate Oscars DestinationXfinity TV Unveils the Ultimate Oscars Destination
February 08, 2016
Filmrise Acquires Exclusive Worldwide Distribution Rights for FIVE NIGHTS IN MAINEFilmrise Acquires Exclusive Worldwide Distribution Rights for FIVE NIGHTS IN MAINE
February 08, 2016
Democratic Presidential Candidate Hillary Clinton Visits LIVE TodayDemocratic Presidential Candidate Hillary Clinton Visits LIVE Today
November 19, 2015
ABC Family Gives Straight-to-Series Order for Horror Tale DEAD OF SUMMERABC Family Gives Straight-to-Series Order for Horror Tale DEAD OF SUMMER
November 18, 2015
PRETTY LITTLE LIARS Cast Reveals Details of 'Five Years Forward' Episode!PRETTY LITTLE LIARS Cast Reveals Details of 'Five Years Forward' Episode!
November 18, 2015


About Author

   Subscribe to Author Alerts


TV VIDEOS


BWW Review: DEADPOOL Shakes Up Superhero Genre with Profane PerfectionBWW Review: DEADPOOL Shakes Up Superhero Genre with Profane Perfection BWW Column: How Can GALAVANT Improve if Renewed for Unlikely Third Season?
BWW Column: How Can GALAVANT Improve if Renewed for Unlikely Third Season?

Become a Fan, Follower & Subscriber

           Facebook Like Follow