Friday, May 20, 2005

Is There Life After STAR WARS for LUCASFILM?

(From The New York Times -- By Laura M. Holson)

Here is a question fit for YODA -- Now that the director GEORGE LUCAS has finished the last of his six STAR WARS movies, what will become of his company, LUCASFILM, the entertainment empire that ANAKIN SKYWALKER built?

To hear Mr. Lucas tell it, LUCASFILM will be less ambitious, not more. There will be no more live-action, blockbuster movies, he said, and that means fewer peaks and troughs. In the past, the company's profits would soar during years when a STAR WARS film was released, only to fall off a cliff between movies.

From now on, he said, LUCASFILM will be a "widget driven" enterprise, churning out books, video games and television shows, with a more predictable rate of return of 10 to 20 percent a year. Eventually, he said, the hit-driven cult of personality surrounding both him and STAR WARS will give way to "a sane reality."

Dave Walsh, thanks for the post.

Is There Life After Star Wars for Lucasfilm?

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