Disney Has Now Turned A Profit On Its $4 Billion Purchase Of STAR WARS And INDIANA JONES Franchises

Disney Has Now Turned A Profit On Its $4 Billion Purchase Of STAR WARS And INDIANA JONES Franchises

It was way back in 2012 that Disney purchased Lucasfilm from George Lucas for a huge $4 billion and a new report confirms that the company has now turned a profit on that meaning it's all uphill from here.

By JoshWilding - Nov 01, 2018 02:11 AM EST
Filed Under: Star Wars
Source: CNBC
Just six years after Disney purchased Lucasfilm for $4 billion and decided to resurrect the Star Wars franchise, it's been confirmed that the studio has now turned a profit on their acquisition. 

At the time, it was confirmed that a new Star Wars movie would be released in 2015 and that ended up being J.J. Abrams' Star Wars: The Force Awakens. A number of new movies, animated TV shows, and merchandise followed that, while Disney is hard at work constructing "Star Wars Land" in a few of its theme parks. 

Revenue generated from the box office, home media sales, and merchandise is what's pushed Disney into the black and it's said that they've "more than made back" that initial $4 billion. That's an impressive feat and means that Star Wars will continue making Disney money for a long time to come now.

2019 promises to be a big year with the release of Star Wars Episode IX, The Mandalorian, and the aforementioned theme parks. Disney obviously hasn't made a whole lot of money from the Indiana Jones franchise but they no doubt have big plans for that somewhere down the line.

Are you happy with what Disney has done with Lucasfilm? Share your thoughts in the usual place. 
About The Author:
JoshWilding
Member Since 3/13/2009
Comic Book Reader. Film Lover. WWE and F1 Fan. Rotten Tomatoes-approved critic and ComicBookMovie.com's #1 contributor.
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