Oct 312012
 
Biggs On: Disney's Acquisition of LucasFilm [UPDATE]

In 1977 the production budget for Star Wars Episode 4 was $11 million (which is approximately $45 million today). It made $460 million in the U.S. alone which, after adjusting for inflation, makes it the second highest grossing film in the U.S. and Canada. The amazing world that George Lucas created has permeated over three decades. What is a legacy like that worth? Apparently $4.05 billion (that’s $4,050,000,000). George Lucas has been under quite a bit of scrutiny over the past 10-15 years so whether his motivation was to create some separation from Star Wars completely, or he needed that extra $4 billion, the purchase [… Click to Continue …]