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Time for Chewbacca's solo: Disney (DIS) CEO Bob Iger drops a nugget on the CNBC crew during his...
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Tuesday, February 5, 4:50 PM ETTime for Chewbacca's solo: Disney (DIS) CEO Bob Iger drops a nugget on the CNBC crew during his post-earnings pep session. The exec says the company will develop stand-alone films using Star Wars characters with a slate of movies tentatively scheduled for release between 2015 and 2021.
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The Star Wars universe has so many characters that the possibilities are practically endless.
Hopefully the rumoured Boba Fett movie will now get made. How long before we see a lift in Disney's share price on the back of Star Wars? I frankly can't believe Lucas sold the lot for only $4bn. I think history will show that was one of the biggest bargains of all time.
I agree with the assessment that $4B for the franchise, along with Skywalker Sound, is going to be a long-term bargain. The possibilities for the theme park(s), alone, are endless. Disney can't capitalize on the Marvel characters because of the perpetual license that Universal holds, but they could take Star Wars to new heights of theme park heaven.