Author Topic: Disney Buys Lucasfilms  (Read 312 times)

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Re: Disney Buys Lucasfilms
« Reply #15 on: November 09, 2012, 04:23:04 pm »
Is this true?

Disney's $4 Billion Pay Out, Doesn't Include Original Star Wars

Disney will own and release future films in the Star Wars series (as for potential Indiana Jones films, Paramount retains some distribution rights and future movies will only be made if both Paramount and Disney agree on terms). Lucas apparently has sketched out plans for three more Star Wars films -- he always envisioned making nine -- with Episode Seven set for release in 2015. But Fox owns distribution rights to the original Star Wars, No. 4 in the series, in perpetuity in all media worldwide. And as for the five subsequent movies, Fox has theatrical, nontheatrical and home video rights worldwide through May 2020.

While the rights on those five films eventually will revert to Disney, that "in perpetuity" pact for the first film appears to be an obstacle to Disney releasing a complete set -- unless a deal can be made.

According to a longtime Lucas associate, the filmmaker always wanted to keep his films together. “Now it seems like he can't have a total package of the story because one of the movies is with Fox, unless they can make some kind of deal [with Disney] to release nine of them,” this person says.

Disney and Fox did not respond to a request for comment. But a Fox insider tells THR that as for Disney's blockbuster deal to purchase Lucas' company, "we certainly would have liked a crack at it but i get the play."

Fox plans to proceed with plans to re-release the supposedly much-improved 3D versions of Attack of the Clones and Revenge of the Sith in fall 2013. The re-release of Episode I -- The Phantom Menaceturned in only a fair performance earlier this year, grossing a total of $102.8 million worldwide. Fox receives only a relatively low - six percent - distribution fee to release those films.
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