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Disney Officials Recoup Star Wars Franchise Purchase Fee

Disney bosses have officially recouped the $4 billion they spent acquiring the Star Wars franchise from creator George Lucas after just three movie releases.
Jan 2, 2018 by: WENN


Disney Officials Recoup Star Wars Franchise Purchase Fee

Disney bosses have officially recouped the $4 billion they spent acquiring the Star Wars franchise from creator George Lucas after just three movie releases.

The moviemaker sold his Lucasfilm production company to Disney in 2012, and proceeded to revamp the sci-fi series with a new trilogy and a number of spin-off projects, starting with 2015's Star Wars: The Force Awakens and Rogue One: A Star Wars Story in 2016.

The continued box office success of the new Star Wars: The Last Jedi blockbuster has now helped studio executives fully recover the funds spent on purchasing Lucasfilm, having raked in more than $4 billion in global ticket sales from all three movies.

However, that figure doesn't take into account the millions budgeted for the making of the big screen epics, or the revenue Disney chiefs have earned from Star Wars merchandise, theme park attractions, and other related streams of income.

Star Wars: The Last Jedi opened in theaters December 15, and on Thursday, it surpassed $900 million at the worldwide box office, with the movie still due to launch in China in January.

Meanwhile, Disney officials are also banking on the popularity of their upcoming Han Solo spin-off, Solo: A Star Wars Story, which will likely rack up similar profits upon its release in May. It was just voted the fifth most-anticipated movie of 2018 by film fans on Fandango.com.