George Lucas On How He Built His $4 Billion ‘Star Wars’ Empire

January 30, 2015 9:50 AM

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On Thursday morning, Disney CEO Bob Iger released an annual report to shareholders updating them on the status of the upcoming Star Wars films—the rights to which were acquired when Disney purchased Lucasfilm from George Lucas on December 12, 2012, for a reported $4.05 billion in cash and stock. Since Lucas owned 100 percent of the company, all the money went into his pockets.

“Next year, we’ll release our first standalone movie based on these characters, followed by Star Wars: Episode VIII in 2017, and we’ll finish the trilogy with Episode IX in 2019,” wrote Iger.

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