Disney to Buy Lucasfilm for $4.05 Billion

Walt Disney (NYSE: DIS  ) is acquiring Lucasfilm, creator of the Star Wars series, for $4.05 billion in cash and stock. The deal was announced yesterday with Disney calling it part of its strategy of "delivering exceptional creative content to audiences." Lucasfilm is 100% owned by founder George Lucas and about half the deal will be in cash.

Disney also announced that it will release a new set of three Star Wars films under the "Disney-Lucasfilm" brand beginning in 2015. After this, the company plans to release a new Star Wars feature "every two to three years".

The Lucasfilm purchase is the latest in a string of high-profile intellectual property acquisitions for Disney. In 2009, it bought Marvel Entertainment, a producer of superhero comic books and related properties. In 2006 it acquired Pixar, the animation feature film studio.

Eric Volkman has no positions in the stocks mentioned above. The Motley Fool owns shares of Walt Disney. Motley Fool newsletter services recommend Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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  • Report this Comment On October 31, 2012, at 12:39 PM, Archaeologist77 wrote:

    Encouraging news, but trying to find the answer to this question on DIS: How does Stock Advisor calculate a return on Disney of 2334.4% since June 2002?

    I only managed to calculated a return including dividends before open today of 310.492%.

    There haven't been any stock splits since 2002 as reported at Disney's investment site.

    Anyone that can explain...thanks.

    [I own some Disney shares.]

  • Report this Comment On October 31, 2012, at 1:32 PM, TMFCrocoStimpy wrote:

    @Archaeologist77 - I believe the original call was actually on PIXAR or MARVEL, which was subsequently purchased by Disney and converted to Disney shares. Since the returns are measured against the original investment, that is how you can end up with very high returns associated with a current company ticker such as DIS that doesn't have the historical price return you are seeing for the pick.

    Foolishly,

    -Xander

  • Report this Comment On October 31, 2012, at 1:44 PM, Archaeologist77 wrote:

    Xander, makes sense. Thanks!

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