George Lucas explains to us why the Disney STAR WARS movies failed. ✅ What George Lucas Did with the Money from Selling Lucasfilm to Disney • What George Lucas Did ...
He was willing to help guide the franchise but Bob Iger and Kathleen Kennedy decided to take STAR WARS in a new direction. Boy, are they paying for it now!
Disney has failed terribly with STAR WARS and has yet to recoup its investment in the purchase of Lucasfilm. Disney Lucasfilm should have respected and listened to the creator George Lucas.
Discussions relating to the possibility of The Walt Disney Company signing a distribution deal with Lucasfilm officially began in May 2011, after George Lucas's meeting with the then Disney CEO Bob Iger during the inauguration of the Star Tours - The Adventures Continue attraction.
Lucas told Iger he was considering retirement and planned to sell the company and the STAR WARS and Indiana Jones franchises.
On October 30, 2012, Disney announced a deal to acquire Lucasfilm for $4.05 billion, with approximately half in cash and half in shares of Disney stock.
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