Not only did the news break today that the Walt Disney Company has acquired Lucasfilm Ltd. for $4.05 billion, but the studio press release also announces that a Star Wars: Episode VII feature film is targeted for a 2015 release!
Here is the press release:-
Continuing its strategy of delivering exceptional creative content to audiences around the world, The Walt Disney Company (NYSE: DIS) 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.
This could be a good thing for the Star Wars franchise, as Disney also owns Marvel comics. Disney has let Marvel do what they wanted to do with there franchie’s. By doing so the movies currently coming out of Marvel Stuido is some of the best comic book movies we have ever seen.
So with Lucas stepping down. This give the Star Wars franchise to move past Anikin and Luke era on the big and small screen, as universe has been expanded a lot more. This has been done with games, books and comics.
We could also get the much promised live action Star Wars TV serise.
Anyone that has a hobby modelling in 3d will tell you, that you often start a project but for one reason or another you don’t end up finishing it.
So here are just some of the projects that I have worked on and not finished it for one reason or another.
This is the Armadillo, It is a dropship that I modelled, I never got round to finishing off the textures.
This is a building a built using one of the Blender Guru Tut’s.
I was going to build a few more to create a street, but never got round to doing it.
This is another Dropship I built, this time it was to take cargo containers. Again I never got round to texturing it.
This was a lightcycle I was working on. I was going nowhere with this and it still needed a lot of work done to it as well as texturing.
Here is a partly finished model from my Project: Ark, film project.
The reason work stopped on this was due to the fact it was killing my PC and when I tried to render it out. Blender would just die on me. I may go back to this one day. But it unlikely and I just start fresh.
This is a film reel; I planned to using in an animation. I left this project to finish off my Akira class Starship.
I don’t think I will use it in an animation now, but might create a new banner for the Blog. As the Blog has moved away from 3d modelling over the last few years and more toward movie reviews and news.
Here is the last model that I worked on. It is the Federation Fighter I was building for Akira Class.
This only came to a stop as I had lost my mojo for modelling. But I do plan on going back to this one very soon.
Here is the teaser poster for the leatest Die Hard film.
The Halo games have been some of the biggest shooter to have come out.
A few years ago Hollywood tried to make a Halo film with some big name attached to it. Unfortunately the film has fallen into development hell.
With Halo 4 coming out in just a few weeks, Microsoft Studios & 343 Industries have produced a five part web series to go with the game. The Web Series is distributed by Machinima Prime
Here is the Trailer for the series.
The series was put together in under a year’s shows high production values.
Given the quality of the series maybe Microsoft should finance and produce a Halo movie and get one of the big studios distribute the film for them.
The first episode aired on October 5, 2012.
I won’t upload them to the blog just yet; as I plan to put them all up in one go.
He is the teaser trailer for Iron Man 3.
In Marvel’s “Iron Man 3”, brash-but-brilliant industrialist Tony Stark/Iron Man played by Robert Downey Jr., is pitted 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?
Iron Man 3 continues the epic adventures of “Iron Man” and “Iron Man 2”, 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.
Ridley Scott’s pervious works in Sci-Fi are considered to be two of the best in this genre. Alien made sci-fi accepted for adults to watch once again. While Blade Runner is stunning visual journey though a future Los Angles. So it’s a great joy to have Scott finally returned to the Science Fiction genre after 30 years away and it about time.
Prometheus is not quite a prequel to the much loved Alien film, but is set in the same universe and therefore share links between the two films. If you have not seen Alien, don’t fear as there is no prior knowledge of the franchise is needed.
The film start off in 2089 with Dr Elizabeth Shaw (Noomi Rapace) and Dr Charlie Holloway discovering an ancient cave painting in the Isle of Skye showing human worshipping a specific star-constellation. Other paintings around the world have also shown the same thing. Fast forward two years and we come to find the Spacecraft Prometheus is heading for this constellation.
The mission has been banked rolled by Wayland Corporation (“the Company” from Alien) Charlize Theron is the ice queen corporation executive that has come alone to keep an eye on her companies investment.
Taking care of the ship is David, an enigmatic and mildly camp android, winningly played by Michael Fassbender. He spends his downtime during the two-year flight watching Lawrence of Arabia while Shaw, Holloway and the others are held in hyper-sleep. We see him mumbling Peter O’Toole’s lines while patrolling the ship, trying to get his intonation down pat.
On the moon’s surface, the crew discover a complex cave system containing a tomb filled with strange black urns and a sculpture of a large human head. The terrible nature of the urns’ contents allows Scott to gleefully rehash the sexually and reproductively themed body horror that made Alien so viscerally memorable and pregnant viewers may wish to shield their eyes during, well, most of it.
Like Scott’s other films Prometheus is visual stunning from the clean looking interior of Prometheus to the map room in the tomb. Once again HR Giger has brought on to work on all the alien setting and look. It is disturbing to look at yet beautiful at the same time. As I said Prometheus has a clean look to her compared to the Nostromo that was in the original Alien film. But that is to be expected as the Nostromo is a work horse while Prometheus is an exploration ship with science labs.
Prometheus is an interesting film but don’t expect what you got with Alien as that was a horror film first while this is a theological film first.
This is not a bad thing as it expands the alien universe and also gets rid of the disappointing Alien Vs Predator films from the franchise.
Idris Elba also get to shine as the ship captain, however there is a deleted scene that helps explain major decision he makes in the film. Which I feel should have been kept. I won’t say what it is here as it could ruin the film for you. If you get the film on Bluray watch it before looking at the deleted scenes.
I will say this, one question that fan’s of the Alien franchise have been asking will get partly answered and it will blow you away.
Prometheus works on it own but there are a few new questions that are raised leaving the door open for a sequel to be made witch Scott is planning to do.
All in all Prometheus is well worth watching and a great way for Ridley Scott to come back to the Sci-Fi genre.
I give this film a 4.5 out 5.
David: Big things have small beginnings
Here is the trailer to the second part of the excellent The Dark Knight Returns.
The film is due to be realised in early 2013.
If you have not read my review of Part 1 you can read it here.