Disney could sell Lucasfilm ?
- Thread starter bwayne64
- Start date
My money is only on George buying LFL back. No bets on what he does with it.
I don't think he wants to resume managing LFL himself. I think he just wants to choose who else does. That's why he sold it to Disney in the first place - they led him to believe he would be happier with the way they handled it.
Putting myself in his shoes now . . . I dunno. It's a real fix. How can you use contracts & money & rules to force future caretakers to maintain the artistic integrity of a franchise?
I don't think he wants to resume managing LFL himself. I think he just wants to choose who else does. That's why he sold it to Disney in the first place - they led him to believe he would be happier with the way they handled it.
Putting myself in his shoes now . . . I dunno. It's a real fix. How can you use contracts & money & rules to force future caretakers to maintain the artistic integrity of a franchise?
Even if this is true, which is about as likely as Kennedy getting "fired" for the 20th time, what difference would it make now? The idea of George buying it back to protect his legacy would be a useless gesture. No matter what technical data he's obtained. Disney is now the ultimate power in the universe.
You can't.
CopperRevan
Master Member
I just couldn't resist...lol
CopperRevan
Master Member
redacted...
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If Lucas were to buy back Star Wars they would have to bake in a licensing agreement to allow Galaxy's Edge to exist.
If I had my way, he would buy back Lucasfilm and declare the sequels non-canon. Then he would bury the sequels the way he buried the non-specialized OT and just wipe them off the face of the franchise. I imagine 20 years from now a new generation would then regard the sequels as we regard the Star Wars Holiday Special today. If I had my way Lucas would add even a small bit of story that would draw Mark Hamill's interest again so that Luke Skywalker can get the treatment he deserved all along.
Then again, while Lucas had grand ideas and design that did expand the universe, it's his writing, dialogue, execution with actors and overselling the CGI that hamstrung the PT. Is it actually worth the possibility of, say, a Gungan revival? I'll have to think about that.
If I had my way, he would buy back Lucasfilm and declare the sequels non-canon. Then he would bury the sequels the way he buried the non-specialized OT and just wipe them off the face of the franchise. I imagine 20 years from now a new generation would then regard the sequels as we regard the Star Wars Holiday Special today. If I had my way Lucas would add even a small bit of story that would draw Mark Hamill's interest again so that Luke Skywalker can get the treatment he deserved all along.
Then again, while Lucas had grand ideas and design that did expand the universe, it's his writing, dialogue, execution with actors and overselling the CGI that hamstrung the PT. Is it actually worth the possibility of, say, a Gungan revival? I'll have to think about that.
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Who is the best judge of whether a franchise is being handled well?
IMO the most reliable opinion is the public's. But you have to measure viewer satisfaction instead of just counting how much money it made. The overpaid studio bosses in Hollywood seem to be biologically incapable of understanding the difference.
IMO the most reliable opinion is the public's. But you have to measure viewer satisfaction instead of just counting how much money it made. The overpaid studio bosses in Hollywood seem to be biologically incapable of understanding the difference.
I’m gonna call internet BS…
Like it or not, SW is one of Disney’s top performing franchises. Despite the Starcruiser closing and the lackluster performance of some of their more recent series (I’m looking at you, Mando S3 and Obi-Wan…), there’s no way The Mouse is giving up that revenue stream…
Sean
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CopperRevan
Master Member
I think you all have valid points...On one hand, i want Disney's hands off of Lucasfilm. On the other, it's impossible to undo what they've done and as i've stated multiple times, i really don't want Star Wars to continue in anyones hands that remotely involve touching the Skywalker OT. If it did shift hands then yes, i would want George Lucas, the creator of Star Wars to have it back. Someone is not going to like what another company does with Star Wars anyways...yes we would likely disagree on multiple points. The fact we are all here talking Star Wars is because we all have something in common...The common denominator will always be the OT no matter what. That is what ignited the fire to begin with and that is where when we all get side tracked with "other" projects and crazy ideas, we can come back home to where it all began. But any entity that wants to try to rewrite or cut the trunk of the tree is going to find the rest of it plop down on their own heads and rightly so.
As a general rule of thumb regarding rumors like this, someone once said, your first two questions should be:
1. Who is the source of this rumor?
2. Does the source wear a mask or have a last name that represents a numerical value?
1. Who is the source of this rumor?
2. Does the source wear a mask or have a last name that represents a numerical value?
CopperRevan
Master Member
CopperRevan
Master Member
His Real name is Mikell Zayrow
Disney. Will. Not. Sell. Lucasfilm.
Despite the subscriptions brought in by the Mando series, D+ didn't turn out to be as profitable as anticipated.
By moving most of their Disney/Pixar/Star Wars/Marvel/big hitters content to one streaming platform, they're distribution rights revenue took a hit.
The same is happening with all big studio streaming services.
Turns out that solely owning the distribution rights to your content isn't that profitable.
Then you have:
> Diluting the market with multiple streaming services = too expensive for subscribers, especially in this economy.
> Imposing politically driven content = alienation and loss of viewership > drop in advertisement revenue.
> Exponential growth of cheap, poorly produced content driving viewers away from main brands.
> Slow death of cable TV
> Slow death of the industry due to poor hiring practices, and the unimaginable amount of deadwood, middle-management, net-loss employees making good six-figure salaries while contributing nothing in return. There's always been a lot of that, especially in the entertainment biz, but right now those numbers are through the roof. I've been seeing this first-hand for the past 10 years, and I can tell you that the last 6 years have been mind-blowing.
Star Wars is profitable. The brand took a significant quality hit since its acquisition but it's salvageable (see Batman during the Joel Schumacher era and the turnaround brought by Nolan).
The real hemorrhaging comes from other business units (like ABC) and the loss of revenue from distribution rights - because of D+.
Despite the subscriptions brought in by the Mando series, D+ didn't turn out to be as profitable as anticipated.
By moving most of their Disney/Pixar/Star Wars/Marvel/big hitters content to one streaming platform, they're distribution rights revenue took a hit.
The same is happening with all big studio streaming services.
Turns out that solely owning the distribution rights to your content isn't that profitable.
Then you have:
> Diluting the market with multiple streaming services = too expensive for subscribers, especially in this economy.
> Imposing politically driven content = alienation and loss of viewership > drop in advertisement revenue.
> Exponential growth of cheap, poorly produced content driving viewers away from main brands.
> Slow death of cable TV
> Slow death of the industry due to poor hiring practices, and the unimaginable amount of deadwood, middle-management, net-loss employees making good six-figure salaries while contributing nothing in return. There's always been a lot of that, especially in the entertainment biz, but right now those numbers are through the roof. I've been seeing this first-hand for the past 10 years, and I can tell you that the last 6 years have been mind-blowing.
Star Wars is profitable. The brand took a significant quality hit since its acquisition but it's salvageable (see Batman during the Joel Schumacher era and the turnaround brought by Nolan).
The real hemorrhaging comes from other business units (like ABC) and the loss of revenue from distribution rights - because of D+.
CopperRevan
Master Member
This is a very well thought out response...but isn't Lucasfilm out of all that Disney owns pretty much dried up at this point? If they are ending Indiana Jones, Willow was a bust, the only thing they have to milk is Star Wars and is it really sustainable revenue compared to the rest of the franchises that they are making more profit on? I'm no expert but it makes sense for them to sell. Now I don't believe all these rumors about it but of course I want it to happen. All the info you gave made an excellent case for them to plummet even further and I'm just wondering if Lucasfilm is a liability at this point under the leadership of Kathleen Kennedy. To me, one of two things are definitely in the near future...maybe both. I honestly think they would more likely sell than to replace Kathleen because it's another way of shielding her failed leadership. Its all about saving face and they're not about to admit their mistakes for fear of staining their brand. I could be completely wrong though....just thoughts
Joek3rr
Master Member
Again I ask myself. How on earth are they not violating numerous anti monopoly laws at this point?
JediMichael
Master Member
Just wait until Apple, Amazon and Disney merge together.....then we're all doomed. (Probably google as well)
Joek3rr
Master Member
Disney is becoming BnL from Wall-E.
I agree about LFL being a pretty distressed asset at this point. SW is still recoverable but it's currently damaged way more than Batman was damaged by Schumacher. Owning 'Indy' without Harrison is like having 'Rocky' without Stallone. 'Willow' wasn't popular enough to generate a sequel even in the 1980s. If Disney is ever willing to consider dumping LFL then this is the time.
I don't think Kathleen Kennedy is immune to being fired. But so much damage is already done. LFL doesn't have another decade of time to try again with Harrison & Mark & Carrie Fisher & Billy Dee. SW is all out of original names & creatives. It's a hard slog to rebuild from there.
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