Starting
from the eighties, people have discussed about how many sequels will be made to
the Star Wars movies. It is said that
George Lucas wanted to make nine movies, broken into 3 trilogies spanning over
a period of 20 to 40 years.
As if to
make this supposed dream come true, The Walt Disney Company(NYSE:DIS) has said
that it would make three more movies. It
has bought LucasFilm for $4.05 billion and the next film installment is due in
2015, a decade after the 6th Star Wars movie ‘Revenge of the Sith’,
which Lucas had declared to be his last.
However,
Lucas has clarified, “This was never planned as
a nine-episode work." "The media (pounced when) I made an offhand
comment, 'It might be fun to come back when everyone's 80 and do another one of
these' But I never had any intention of doing that."
He says that he is now entrusting the franchise to a new
generation of filmmakers. He will
however contribute as creative consultant.
Best Buy Co., Inc.(NYSE:BBY) has canceled its analyst meet in
New York as the city is suffering in the aftermath of the storm Sandy which has
wreaked havoc on the East Coast. In the
now canceled meeting, CEO Hubert Joly was supposed to brief investors about his
turnaround plans for the company.
When scheduling the meet, the company had cautioned investors
about the fall in its third quarter earnings and same store sales. It had also said that as part of its
management restructuring program, its U.S. business president would leave at
the end of the fiscal year.
The company is also waiting for Richard Schulze, the founder
and largest shareholder, to decide whether he can put together a buyout bid in
his attempts to make the company private.
The new date for the meeting has not yet been announced.
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