Lucas Films Ltd’s Sale to Disney

I was reading through a whole host of CNN’s business blogs the other day, and i came across Kevin Voigt’s post about the sale of Lucasfilms Ltd. to Disney. I thought his blog was very insightful, and reflects the true Star Wars fan’s worry, will the new movies be done well? Kevin Voigt goes on to talk about what really went on behind the scenes of this deal, with quotes from George Lucas himself. Lucas says that he wants to head toward retirement to do “philanthropy, more experimental films, but I really couldn’t drag my company into that.”

At the end of his blog, Voigt asks, “Is Lucasfilm backed by the Force of Disney a good thing or a drift toward the Dark Side?” I think that the sale is a good thing for the Star Wars franchise. Disney has not created a decent science fiction movie in a long time, and now has the back bone of a story to do somethin really fantastic with the acquistion of the Star Wars franchise. Also, Disney can continue to grow as a company, as no doubt original as well as new fans will flock to the theatres to see the new movies. Disney has made a sound business decision, and hey, Lucas donated all of the money from the sale to charity.

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