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#3677893 - 11/08/12 01:54 PM
Re: Disney to buy Lucasfilm for 4 billion
[Re: Vertigo1]
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Joined: Apr 2001
Posts: 121,491
PanzerMeyer
Pro-Consul of Florida
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Pro-Consul of Florida
King Crimson - SimHQ's Top Poster
Joined: Apr 2001
Posts: 121,491
Miami, FL USA
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Rumor has it that Lucas sold the franchise to dodge the massive tax increase in January. Interesting. I know it's just a rumor but the irony would be really rich if this rumor ends up being true.
“Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long enough into an abyss, the abyss will gaze back into you.”
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#3677961 - 11/08/12 03:48 PM
Re: Disney to buy Lucasfilm for 4 billion
[Re: PanzerMeyer]
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Joined: Dec 2008
Posts: 26,566
wheelsup_cavu
Lifer
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Lifer
Joined: Dec 2008
Posts: 26,566
Corona, California
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Rumor has it that Lucas sold the franchise to dodge the massive tax increase in January. Interesting. I know it's just a rumor but the irony would be really rich if this rumor ends up being true. If he set it up in a charitable trust before he sold it then the rumor most likely has legs. By doing that he would be able to avoid all taxes and only pay out 5% of the annual net revenue to charities to stay withing the legal guidelines of a charity. At one time I was looking at setting up a charitable trust and I was amazed at how little they must actually pay out to a charity to stay within the legal guidelines. Wheels
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#3681666 - 11/14/12 05:41 AM
Re: Disney to buy Lucasfilm for 4 billion
[Re: fritzthefox]
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Joined: Feb 2001
Posts: 11,752
Vertigo1
Veteran
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Veteran
Joined: Feb 2001
Posts: 11,752
Zeta Aquilae System
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It disappoints me that someone might spin Lucas' generosity as tax avoidance. He is simply a philanthropist, and not in a cynical, tax-dodging way. He is certainly smart enough (and has accountants and lawyers who are savvy enough) to maximize his donation by timing it to avoid paying out heavy taxes, but I would hate to see his motivation for giving back characterized as selfish for taking such a sensible precaution.
Is that you Rick McCallum? 
"Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx
“One of the great mistakes is to judge policies and programs by their intentions rather than their results.” -Milton Friedman
Quem Deus vult perdere, prius dementat
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#3681767 - 11/14/12 12:28 PM
Re: Disney to buy Lucasfilm for 4 billion
[Re: Vertigo1]
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Joined: Apr 2001
Posts: 121,491
PanzerMeyer
Pro-Consul of Florida
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Pro-Consul of Florida
King Crimson - SimHQ's Top Poster
Joined: Apr 2001
Posts: 121,491
Miami, FL USA
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It disappoints me that someone might spin Lucas' generosity as tax avoidance. He is simply a philanthropist, and not in a cynical, tax-dodging way. He is certainly smart enough (and has accountants and lawyers who are savvy enough) to maximize his donation by timing it to avoid paying out heavy taxes, but I would hate to see his motivation for giving back characterized as selfish for taking such a sensible precaution.
Is that you Rick McCallum? LMAO! Oh man, now I want to listen to the prequel commentaries again so I can hear that ass kissers comments.
“Whoever fights monsters should see to it that in the process he does not become a monster. And if you gaze long enough into an abyss, the abyss will gaze back into you.”
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#3681914 - 11/14/12 04:38 PM
Re: Disney to buy Lucasfilm for 4 billion
[Re: PanzerMeyer]
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Joined: Feb 2000
Posts: 49,716
Jedi Master
Entil'zha
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Entil'zha
Sierra Hotel
Joined: Feb 2000
Posts: 49,716
Space Coast, USA
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Once again in this thread we can George's genius in doing whatever it is he's thinking about doing now...what was it again?
The Jedi Master
The anteater is wearing the bagel because he's a reindeer princess. -- my 4 yr old daughter
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#3685029 - 11/19/12 07:44 PM
Re: Disney to buy Lucasfilm for 4 billion
[Re: PanzerMeyer]
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Joined: Dec 2000
Posts: 22,405
letterboy1
(Heterosexual)Tchaikovsky Ballet Fan
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(Heterosexual)Tchaikovsky Ballet Fan
Lifer
Joined: Dec 2000
Posts: 22,405
Columbus, GA USA
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As the saying goes, "the devil is in the details".  I wonder if George once again kept all merchandising rights for the future SW movies? He may just single-handedly bring back the metal lunch box.
The issue is not p*ssy. The issue is monkey.
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#3685428 - 11/20/12 02:46 PM
Re: Disney to buy Lucasfilm for 4 billion
[Re: PanzerMeyer]
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Joined: Feb 2000
Posts: 49,716
Jedi Master
Entil'zha
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Entil'zha
Sierra Hotel
Joined: Feb 2000
Posts: 49,716
Space Coast, USA
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I don't know if Disney would've paid $4bn if they didn't get that. Disney was the original mastermind of the marketing ploy. Long before George was even dreaming of films they were selling toys and building theme parks based on their films and shorts.
What I don't know about is ILM. Is George still the owner? The only owner? I'm pretty sure LFL didn't own ILM, they were separate.
Oddly, Pixar was spun off ILM decades ago, and now Pixar and LFL are under the same umbrella!
The Jedi Master
The anteater is wearing the bagel because he's a reindeer princess. -- my 4 yr old daughter
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Exodus
by RedOneAlpha. 04/18/24 05:46 PM
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