LucasArts acquired by Disney
by Andrew Yoon, Oct 30, 2012 1:30pm PDTThe Walt Disney Company has acquired Lucasfilm and its subsidiaries, including its LucasArts video gaming division, in a deal that's valued at $4.05 billion.
"For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next," George Lucas said in the announcement. "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."
According to the announcement, the "present intent" is for all Lucas employees, including LucasArts, to remain in their current locations.
With the company's iconic properties going to Disney, a new film trilogy is being planned. Star Wars: Episode 7 is targeted for a 2015 release, with more films expected "well into the future." Hey, how about a Grim Fandango revival, guys?
LucasArts was working on Star Wars 1313 before the acquisition. According to a company representative, "for the time being all projects are business as usual. We are excited about all the possibilities that Disney brings."
Update: The future of AAA console games from LucasArts seems to be in doubt. Disney CEO Robert Iger spoke at an investor's call, which Polygon picked up: "We're likely to focus more on social and mobile than we are on console. We'll look opportunistically at console, most likely in licensing rather than publishing, but we think that given the nature of these characters and how well known they are, and the storytelling, that they lend themselves quite nicely, as they've already demonstrated to the other platforms."
Report: Respawn Entertainment co-founder left due to personal conflict
Oculus Rift secures $16 million in venture capital
Max Payne 3 slowly dives onto Mac this week
Report: Frostbite 3 games to be 'optimized exclusively' for AMD cards
Candy Crush dev exploring IPO






Comments
The Walt Disney Company has acquired Lucasfilm and its subsidiaries, including its LucasArts video gaming division.
The Walt Disney Company has acquired Lucasfilm and its subsidiaries, including its LucasArts video gaming division. : Shacknews
Thread Truncated. Click to see all 118 replies.
Um... holy shit... why are more people not flipping out about this comment? There is a new Star Wars film trilogy in the works?!?! Without George Lucas directly helming?! That is freaking HUGE! That has potential to be so awesome! Give me a feature length movie with the kind of stuff they did in the cut scenes of SWOR! Yes please!
You must be logged in to post.