Many people have asked why did George Lucas sell the Star Wars franchise to Disney? There are several possible reasons, including the fact that he would have saved $100 million in taxes. He could have hired other directors and avoided paying taxes altogether by making the movies himself, but he couldn’t. And he would have been frustrated being forced to sit on the sidelines, waiting for someone else to take the helm.

George Lucas said it was painful to sell star wars to Disney

Despite the success of the original trilogy, George Lucas admitted that selling the Star Wars franchise to Disney was “painful.” The reason for this was obvious: the new owner of the franchise wanted to make more money and he wanted to build a museum in his hometown. It also meant that he had to walk away from his work for personal reasons. He was right, of course. But is it too late to bring back the original trilogy?

After all, George Lucas’s relationship with Disney had been on the rocks for a long time. Though Disney can and should take the Star Wars franchise in any direction it wants, the decision to sell it to Disney was painful for him. He wanted to be involved more in the story development of the films, and had hoped to work with Disney as a creative consultant. However, the deal was not as easy as it seems.

George Lucas saved $100 million in taxes

Last week, the Walt Disney Company announced the purchase of the Star Wars character line and franchise. The deal will cost $2 billion in cash, plus another $50 million in Disney shares. As of October 31st, these shares are worth slightly more than $2 billion. Some believe George Lucas sold the Star Wars franchise and Lucasfilm to Disney because he wanted to save on taxes. But the truth is, he may have actually done so because he wanted to get out before his tax returns were due.

While many filmmakers would be thrilled to save $100 million in taxes, it is worth noting that 20th Century Fox had a record profit in the 1977-78 tax year, and they made PS23m on the film. In fact, the company made its highest profit yet – $37m. And in the same year, profits topped $79 million. Although the movie lacked success, George Lucas saved $100 million in taxes by selling its intellectual property to a third party.

George Lucas was a film industry titan in the early 1970s

Filmmakers in the late 1960s and early 1970s were excited about the promise of the ‘New Hollywood’ movement. Francis Ford Coppola had also made his mark on the industry as a co-founder of the American Zoetrope studio, which George and Francis Ford Coppola co-founded. Their vision of independence fueled their work and they co-founded American Zoetrope in 1969.

Filmmaker George Lucas became a film industry titan in the early 1970’s, when he was just 28 years old. He sold executives at 20th Century Fox an idea for a space western. The film was produced, and George Lucas became one of the most successful filmmakers in history. It was his third movie, and it grossed $140 million off its modest $777,000 budget.

After graduating from USC, Lucas went to Columbia to further his studies. He became fascinated with the story arcs of major characters, and soon after that he was denied the rights to Flash Gordon. After writing his own story, Lucas began work on an epic space adventure. His early treatments included his name as the main protagonist, but he later changed this to Starkiller as his nickname.

George Lucas’ first professional film was THX-1138

THX 1138 is an acclaimed 1971 science fiction film directed by George Lucas. This film, starring Robert Duvall and Donald Pleasence, takes place in a dystopian future in which android police officers control society and drugs suppress sexual and emotional desire. Produced by Francis Ford Coppola, the film was Lucas’ first feature. A novelization was released the same year.

This sci-fi satire is based on science fiction and the first film by the famous Lucas. In THX 1138, a future man is drugged and must escape from a prison that is not quite human. It was filmed in San Jose, California, where the company had access to a four-million-volt linear accelerator and a laser treatment machine, which provided the simulated effects. Filming took place in the Bay Area, and the THX company filmed in the Oakland Coliseum, San Francisco Pacific Gas and Electric Building, Marin County Civic Center, and various BART tunnels.

The movie’s premise is simple: THX 1138 is a science-fiction thriller with an unexpected twist. It was a big hit when it was released, and the original film was a cult classic. Unlike the later films in the Star Wars saga, George Lucas did not make too many changes to THX 1138. However, his “Director’s Cut” included several new additions that make it more entertaining and more realistic.