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The Star Wars Money Machine

Darth Cola writes " The Star Wars franchise has made George Lucas plenty rich. But his fortune is only a peice of a much bigger financial pie, one which Forbes.com estimates at just shy of $20 billion. They have a rundown of the Star Wars financial empire, and a market by market breakdown of where the money comes from." From the article: "It all started with a story treatment, handwritten in pencil on a few sheets of lined yellow legal paper. That's all that existed of the multibillion-dollar financial empire, now known as the Star Wars universe, when filmmaker George Lucas sat down in 1974 to write what, within three years, would be the biggest meteor to hit Hollywood since there's been a Hollywood."

13 of 248 comments (clear)

  1. That was tehn by NextGaurd · · Score: 4, Insightful

    Previous generations may have objected to commercialism but we grew up on. I'd be surprised if every aspect of Star Wars didn't get commercialized. Besides the Yoda/Pepsi ads are funny.

  2. He joined the dark side to get there... by gameboyhippo · · Score: 5, Insightful
    If anybody has the DVD set, there's some interesting documentry on there that shows his struggles with the big movie producers (that is FOX) and how it was a battle between his independent creativity and the wants of the studio.

    In the end he's now got the big studio and calling the shots. It's as though he joined the dark side to defeat the dark side.

    1. Re:He joined the dark side to get there... by srlunsford · · Score: 5, Insightful

      It seems like in those days, Lucas was much more creative than he is now...It's as if working within those budget constraints and having to face opposition from the major studios at the time forced him to create a compelling (if not slightly hokey) story that completely drew audiences in.

      In my opinion, he's simply trying too hard to make a blockbuster. Star Wars was meant to be a cheesy little space opera, not some grandiose epic. While RotS may be a decent film in its own right, I doubt it will have the appeal of the original trilogy.

  3. George Lucas's wealth by PCM2 · · Score: 5, Insightful

    Considering how rich George Lucas is, it's interesting to keep hearing him talk about his future projects, how he wants to make smaller movies etc.

    "I've earned the right to just make things that I find provocative in my own way," he's quoted as saying. "I've earned the right to fail, which means making what I think are really great movies that no one wants to see."

    I always wonder what the hell that means? Earned the right to fail? Like he wasn't allowed to fail before? Exactly how much money was he supposed to make before he could buy his way into the club of mere mortals who are allowed to fail? Kind of a strange way to approach a creative ambition, I think. What mental process must go on in Lucas's head that he has to actually give himself permission to be creative, and justify it by pointing to his past commercial successes?

    In general, I'd love to see a psychological profile of George Lucas sometime. Especially considering some of the truly bizarre moral commandments he's put into his recent films (missing your mom is wrong, getting angry at things is bad and makes you a bad person, if you want to be a hero then relationships are forbidden, etc.) ... don't get me wrong, I like [some of] his movies and all, but I can't help but suspect that despite all his success, Lucas is just sort of a sad, isolated, lonely, messed-up old fucker.

    --
    Breakfast served all day!
    1. Re:George Lucas's wealth by uberdave · · Score: 3, Insightful

      George, when's the next Star Wars movie coming out?
      George, when's the next Star Wars movie coming out?
      George, when's the next Star Wars movie coming out?
      George, when's the next Star Wars movie coming out?
      George, when's the next Star Wars movie coming out?
      George, when's the next Star Wars movie coming out?
      George, when's the next Star Wars movie coming out?

      Here you filthy ingrates! Now leave me alone!

      I think that's what he meant by "earned the right".

    2. Re:George Lucas's wealth by the+pickle · · Score: 4, Insightful

      I think you're interpreting his meaning incorrectly. He isn't saying that lesser-known directors/filmmakers can't be creative, but I think what he is saying is that his massive successes have allowed him carte blanche with his ideas. Spielberg is another one who comes to mind as far as getting a blank check for anything he wants to do. Peter Jackson's work on LotR has given him nearly the same ability.

      It's a very rare luxury in modern Hollywood to be able to do pretty much whatever you want with film and get it distributed. That's what Lucas has achieved for himself. Whether that's a good or bad thing for the rest of us, well...

      p

  4. Re:That was then by Baron_Yam · · Score: 4, Insightful

    It all went south with RotJ, which was an unashamed attempt to sell as many action figures and toys as absolutely possible to kids. With PM, we saw large portions of the movie given over to selling a video game.

    Star Wars nerds ruined Star Wars the same way that Trek nerds ruined Trek - by accepting any shit thrust upon them with the appropriate branding, the producers felt free to sacrifice quality in order to broaden appeal and merchandise the hell out of the product.

    In both cases, we get bland crap that doesn't stand up well to the original. Greedy producers, stupid nerds... a fatal combination.

  5. The ultimate geek franchise. by Japong · · Score: 4, Insightful

    Star Wars is the ultimate franchise because even as a film it's an amlagam of marketable genres.

    The original trilogy alone features:
    • Lightsaber duels (swordfighting and swashbuckling)
    • Interspace Battles (WWII aerial & naval movies)
    • The Force (mystical fantasy magic)
    • Ground battles and cantina gun fights (general war movies and Westerns)
    • Exotic Space Aliens (Star Trek)
    • Speeder Bikes (Car chase movies)
    • Ewoks (Kinda like Care Bears, I guess. Overly Cute Buggers)
    • And of course, hot brother-on-sister Luke and Leia action. (Incest XXX websites)

    With all of that thrown together... in space... there's a little something for every geek. And market after market after market that you can sell games, toys, lunch boxes, books, clothing, artwork, women's delicates and more to.

  6. Different people's definition of sucess by GoofyBoy · · Score: 3, Insightful

    "I've earned the right to fail"

    It reminds me of an engineer who said "I knew I was sucessful when I knew I could turn down clients."

    I think the point is that he wants to make something that he is happy with and screw everyone else, at thats a pretty good goal to have. You don't wear your comfy pjs and sweats on the streets because of social pressure, not because you don't like the clothing.

    Alot of art is peer reviewed. Your sucess or failure depends on what others say; teachers, critics, art dealers, customers. The social pressure is huge especially in a highly visible position he has.

    --
    The surprise isn't how often we make bad choices; the surprise is how seldom they defeat us.
  7. Re:George Lucas by ShadowBlasko · · Score: 4, Insightful

    "That doesn't make him sleazy and unscrupulous."

    No, admittedly it does not.

    However, I don't know how old you are, but I am 32. I barely remember seeing the orginal Star Wars in the theaters. I remember thinking it was neat, and that the people around me were totally and completely awestruck.

    It was a turning point in US Cinematography, as well as Science Fiction in general. Star Trek was still dead, Galactica was camp, and out of nowhere came this shining new well crafted "Space Opera".

    It was truly a defining moment for the science fiction culture, as well as a generation of filmgoers. Then came Empire. Still good, not quite as fast paced, and obviously written with sequal in mind. It also introduced us to the notion that spoilers could get your ass beat in the lobby.

    Jedi was the turning point. As many have said, it took something near and dear to many, and almost religious to some, and turned it into a marketing machine for action figures.

    That hurt.

    As time has passed, it has become clear that Mr Lucas does not understand (or understands all too well, but does not care) how important his creation was and is to many many people.

    He has changed it, manipulated his fans, and slowly bled every penny he could, and with them every feeling that it is something more than just a film, from his fan base. He refuses to release the orginal 3 movies in their original formats on DVD. Do you realize that some people actually bought laserdisc players JUST to see that!

    He took something we loved, and used it against us. He has proven that the $ is all he cares about. Thats why many people feel he is "sleazy and unscrupulous."

    --
    There are 4 boxes to use in the defense of liberty: soap, ballot, jury, ammo. Use in that order- Ed Howdershelt Via Tass
  8. Comment removed by account_deleted · · Score: 5, Insightful

    Comment removed based on user account deletion

  9. Re:It startde with the New Gods comic in 1971... by TooMuchEspressoGuy · · Score: 5, Insightful
    I'm sorry, but, while a good conspiracy theory, this is about as silly as Battlestar: Galactica getting sued because of its similarities to Star Wars back in the day.

    Essentially, there are several archetypes (one could even call them "stereotypes") of the sci-fi genre that a great many filmmakers and writers have adopted for their own use. Motifs such as the villain being the hero's father, a spiritual father figure to the hero, and mystical overtones (such as the Force) can be found ALL OVER sci-fi movies and literature. Lucas was not the first to adopt them, and he undoubtedly will not be the last.

    But, of course, the fact that these archetypes are being used over and over again by no means means that they cannot be used *well.* Peoples' fond memories of the original SW movies, the plot/characters of which were somewhat cliche as far as sci-fi movies go, only proves the point. Luke was the naive hero, Han the roguish "wild card", Leia the "damsel in distress", Vader the evil villain. What matters, however, is that Lucas honed each part to near-perfection, such that the characters were so believable and *human* that they didn't *seem* like stereotypes. I believe that it's this element that is sorely missing from the prequels, but that's another rant altogether!

    --
    Many Bothans died to bring you this sig.
  10. Re:MONEY BREEDS COMPLACENCY by Spodlink05 · · Score: 3, Insightful

    Money destroys creativity.

    Probably. But most people do their best work early on, because they have something to prove. Okay, so there are exceptions, like the Beatles etc., but if you think of a lot of artists, once they become middle aged they're not exactly making ground-breaking work like they were when they began. I think they just lose the drive and mellow out with age. Plus I guess having bazillions of dollars helps ease the pain.

    Incidentally, Lars is a hopeless drummer.