STAR WARS Episode 9: The Final Abortion
POSTED BY: whozit
UPDATED: Wednesday, February 26, 2025 15:30
VIEWED: 49685
PAGE 16 of 33
Quote:Disney paid $2.2 billion in cash and $1.855 billion in stock. $1.855 billion in stock is the same as paying with counterfeit money or the colorful bills in a Monopoly Game. If George Lucas had been suckered into accepting only Disney stock, it would be for Disney like purchasing LucasFilms/StarWars for free.
Originally posted by 6IXSTRINGJACK:
They'll eventually make their $4 Billion investment back
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by second:Quote:Disney paid $2.2 billion in cash and $1.855 billion in stock. $1.855 billion in stock is the same as paying with counterfeit money or the colorful bills in a Monopoly Game. If George Lucas had been suckered into accepting only Disney stock, it would be for Disney like purchasing LucasFilms/StarWars for free.
Originally posted by 6IXSTRINGJACK:
They'll eventually make their $4 Billion investment back
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
I'm not a fan of the DOW myself, as you probably already know, but I think you may be oversimplifying George's situation a bit.
Sale date of Lucasfilm to Disney: October 30, 2012
Disney stock price on October 19th, 2012: $51.90
Disney stock price on November 16th, 2012: $47.42
(The graph on Google doesn't show every day, so I put both days surrounding that)
Disney stock price today: $144.33
I think the fact that he could cash out right now and end up with about $7.7 Billion instead of only $4.2 Billion for the sale helps him sleep better at night after Disney committed infanticide on his baby.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:George Lucas bailed out of Disney a long time ago:
Originally posted by 6IXSTRINGJACK:
I'm not a fan of the DOW myself, as you probably already know, but I think you may be oversimplifying George's situation a bit.
Sale date of Lucasfilm to Disney: October 30, 2012
Disney stock price on October 19th, 2012: $51.90
Disney stock price on November 16th, 2012: $47.42
(The graph on Google doesn't show every day, so I put both days surrounding that)
Disney stock price today: $144.33
I think the fact that he could cash out right now and end up with about $7.7 Billion instead of only $4.2 Billion for the sale helps him sleep better at night after Disney committed infanticide on his baby.
Do Right, Be Right. :)
1) February 6, 2013
Just four months after announcing the sale of Lucasfilm production company to Disney in a $4 billion deal, George Lucas, the screenwriter and director best known for the Star Wars series, has made a move toward cashing out — big time.
https://techcrunch.com/2013/02/06/george-lucas-stake-sale/
2) May 18 2015
George Lucas has made a $2.2bn paper profit on the Walt Disney stock he received in exchange for the rights to Star Wars thanks to the outperformance of the media company’s shares.
www.ft.com/content/9e3e42fa-fda7-11e4-b824-00144feabdc0
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by second:Quote:George Lucas bailed out of Disney a long time ago:
Originally posted by 6IXSTRINGJACK:
I'm not a fan of the DOW myself, as you probably already know, but I think you may be oversimplifying George's situation a bit.
Sale date of Lucasfilm to Disney: October 30, 2012
Disney stock price on October 19th, 2012: $51.90
Disney stock price on November 16th, 2012: $47.42
(The graph on Google doesn't show every day, so I put both days surrounding that)
Disney stock price today: $144.33
I think the fact that he could cash out right now and end up with about $7.7 Billion instead of only $4.2 Billion for the sale helps him sleep better at night after Disney committed infanticide on his baby.
Do Right, Be Right. :)
1) February 6, 2013
Just four months after announcing the sale of Lucasfilm production company to Disney in a $4 billion deal, George Lucas, the screenwriter and director best known for the Star Wars series, has made a move toward cashing out — big time.
https://techcrunch.com/2013/02/06/george-lucas-stake-sale/
2) May 18 2015
George Lucas has made a $2.2bn paper profit on the Walt Disney stock he received in exchange for the rights to Star Wars thanks to the outperformance of the media company’s shares.
www.ft.com/content/9e3e42fa-fda7-11e4-b824-00144feabdc0
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
I think that saying he sold the shares in part or in whole is inconclusive. The first article you linked said that he filed whatever necessasary legal paperwork needed to be done so he had the ability to do so. It even finishes up by saying this in the second to last paragraph:
Quote:
It’s important to note that the prospectus indicates Lucas’ intent to sell this stock “from time to time.” That means that the sale will not necessarily happen all at once, or right away. The Lucasfilm sale closed on December 21st, 2012.
I'm unable to read anything at the ft.com website.
Wikipedia and several other websites make no mention of Lucas selling his Disney stake, from what I can see.
I did find this article from December of 2018:
https://www.cinemablend.com/news/2463858/george-lucas-is-americas-rich
est-celebrity-thanks-to-selling-star-wars-a-few-years-ago
They say this:
Quote:
George Lucas now ranks first among America's rich and famous with a net worth of a cool $5.4 billion according to Forbes. The bulk of that $4.1 billion comes from that sale of his production company, and the beloved Star Wars property, to Disney. In the deal, George Lucas received 37.1 million shares in Disney stock. And as the Mouse's fortunes have risen, so have Lucas'.
But... they also say this:
Quote:
Although massive, the $4.1 billion price tag Disney paid for Lucasfilm seemed like a steal and just a few years later Disney has already made that money back
Cinema Blend is not known for their great reporting or intelligent discourse. It's more likely the writers there majored in Gender Studies and didn't bother at least getting a minor in Accounting as a Plan B.
I'm certainly not going to die on that hill over quoting cinemablend.com, but I can't find much else about it. Maybe Disney forced him to sign an NDA for permission to sell them so soon, or maybe the NDA was part of the original deal. I don't think everybody left that table being best friends, and if I were Bob Iger I would have put a muzzle on Lucas too.
Part of me hopes that he sold it slowly over time and is still making a killing on it. The other part of me really doesn't care. What can one person do with over $4 Billion dollars that they couldn't do with just $4 Billion dollars?
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:George Lucas was the #1 Disney stockholder after selling LucasFilms, with 37.1 million Disney shares, but now he is not listed in the top 5. Number 5 on the list has 71,360 shares. I take that to mean George Lucas has fewer than 71,360 shares of Disney.
Originally posted by 6IXSTRINGJACK:
Part of me hopes that he sold it slowly over time and is still making a killing on it. The other part of me really doesn't care. What can one person do with over $4 Billion dollars that they couldn't do with just $4 Billion dollars?
Do Right, Be Right. :)
www.investopedia.com/articles/markets/102715/top-5-disney-shareholders
.asp
Lucas has $6.3 billion, invested in whatever, but it's not Disney: www.forbes.com/profile/george-lucas/
Then there is this:
Disney bought Lucasfilm six years ago today and has already recouped its $4 billion investment
www.cnbc.com/2018/10/30/six-years-after-buying-lucasfilm-disney-has-re
couped-its-investment.html
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by second:Quote:
Originally posted by 6IXSTRINGJACK:
Part of me hopes that he sold it slowly over time and is still making a killing on it. The other part of me really doesn't care. What can one person do with over $4 Billion dollars that they couldn't do with just $4 Billion dollars?
Do Right, Be Right. :)
George Lucas was the #1 Disney stockholder after selling LucasFilms, with 37.1 million Disney shares, but now he is not listed in the top 5. Number 5 on the list has 71,360 shares. I take that to mean George Lucas has fewer than 71,360 shares of Disney.
www.investopedia.com/articles/markets/102715/top-5-disney-shareholders
.asp
https://www.investopedia.com/articles/markets/102715/top-5-disney-shar
eholders.asp
I wonder what happened to the Steve Jobs Estate. That was actually the number 1 share holder above George Lucas for a time.
Quote:
Lucas has $6.3 billion, invested in whatever, but it's not Disney: www.forbes.com/profile/george-lucas/
Then there is this:
Disney bought Lucasfilm six years ago today and has already recouped its $4 billion investment
www.cnbc.com/2018/10/30/six-years-after-buying-lucasfilm-disney-has-re
couped-its-investment.html
lol
Apparently Mrs. Whitten majored in Gender Studies as well.
Here's her Key Points:
Quote:
Key Points
- Six years ago, Disney bought Lucasfilm for $4.05 billion.
- The four Star Wars feature films Disney has released since 2015 have grossed more than $4.8 billion at the box office.
- Disney also makes money from licensing agreements and sales of merchandise, apparel and toys.
I guess production and marketing budget liabilities don't factor into how you figure a company's profits in Cultural-Marxist-Land. Neither do all of the lost sales of perhaps hundreds of millions of dollars of Star Wars merchandise that has been shredded and recycled after languishing for years on toy shelves and are claimed by some to be the final nail in Toys R Us's coffin. It would also seem that there is zero inflation in her world over the course of six years too.
And why are we going to completely gloss over the fact that with the production and marketing budget of SOLO combined, that it has still lost around $100 Million overall even including DVD and BluRay sales after the fact? We don't subtract those losses in CML?
https://www.the-numbers.com/movie/Solo-A-Star-Wars-Story#tab=summary
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
A smart acquisition, but execution has been lackluster
Describing Disney's Star Wars acquisition as a "failure" would probably be putting it in terms that are too stark. But execution on the franchise in the days following the successes of The Force Awakens and Rogue One has left a lot to be desired. If it weren't for The Mandalorian's very strong reception and the value that the broader property has added to the streaming service, missteps with the film series, declining merchandise sales, and weak performance for Galaxy's Edge would be a lot more concerning.
Disney's big Star Wars buy will likely still prove to be a smart move in the long run. However, there are clear instances where the company has come up short with the property and missed what seemed like relatively sure bets, and that list has grown at a concerning rate.
www.fool.com/investing/2019/12/15/has-disneys-star-wars-acquisition-be
en-a-failure.aspx
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by second:
A smart acquisition, but execution has been lackluster
Describing Disney's Star Wars acquisition as a "failure" would probably be putting it in terms that are too stark. But execution on the franchise in the days following the successes of The Force Awakens and Rogue One has left a lot to be desired. If it weren't for The Mandalorian's very strong reception and the value that the broader property has added to the streaming service, missteps with the film series, declining merchandise sales, and weak performance for Galaxy's Edge would be a lot more concerning.
Disney's big Star Wars buy will likely still prove to be a smart move in the long run. However, there are clear instances where the company has come up short with the property and missed what seemed like relatively sure bets, and that list has grown at a concerning rate.
www.fool.com/investing/2019/12/15/has-disneys-star-wars-acquisition-be
en-a-failure.aspx
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
I agree with that assessment. I would never, nor have I ever argued that it was a bad purchase on Disney's part, even with how poorly they handled it.
I feel that they did a lot of poor planing though, and they turned what could arguably be called the most marketable name in the history of Hollywood (before Marvel, of course) into not much more than a mediocre property.
I think they could fix it. As bad as the old fans feel they've been treated, I think deep down most of them would love to see it change course and be fixed. I just don't feel that is the direction that Disney wants to take with it... or with any of it's properties.
"Let the past die. Kill it if you have to."
I have no personal stake in any of this either way. Star Wars lost me with the prequel trilogy, but it probably lost me even earlier than that. I think I just grew out of it. I certainly wasn't reading 5 of the EU books a month and collecting the new toys in high school like my brother was.
I've got nothing against Star Wars at all really. It's Disney itself that I'd love to see fail in the big picture.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
BTW... Is MLK's birthday a school holiday?
I'm only asking because the Box Office for Monday was shockingly high compared to what I thought it was going to be... Roughly $400,000 less than Sunday, and double what it was last Monday.
I'm wondering what changed, because if that number is verified as correct it just blew away my prediction that Joker wasn't going to lose to Episode 9 again on a daily B.O. or a per-theater average.
EDIT:
Wow, yeah... that must be it. The-Numbers.com has Episode 9 listed at 100% higher than last Monday, and it has Jumianji at an unbelievable +284% than the previous Monday.
Guess I'll have to take holiday boredom into account before making predictions like that in the future, since I was wrong about both of these movies losing to Joker from here on out.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Numbers aren't in for Episode 9 yesterday yet, but Jumanji's Tuesday numbers didn't even crack $1 Million, which is more in-line with what I would have expected, even given that Tuesday night is almost always the highest non-weekend number because Tuesday is deal-day.
Me wondering if Episode 9 even cracked $700,000 Tuesday night. If it does, it's not by much, and it will mark Episode 9's first sub million dollar day at the box office, a full week before either Joker or Jumanji saw that happen.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME