George Lucas Will Donate Disney $4 Billion To ‘Education’

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George Lucas Will Donate Disney $4 Billion To Education (Huffington Post , Nov 2, 2012):

George Lucas is ensuring that the force may be with young Jedis everywhere.

The “Star Wars” director will donate the $4.05 billion he will receive from the sale of Lucasfilm Ltd. to Disney to a foundation focused on education, according to the Hollywood Reporter.

On Tuesday, the Walt Disney Company announced it had paid the huge sum to acquire Lucasfilm Ltd., which produced “Star Wars” and is 100 percent owned by George Lucas himself. Disney also announced plans to release a seventh “Star Wars” film, “Star Wars: Episode VII,” in 2015.

“For 41 years, the majority of my time and money has been put into the company,” Lucas said in a statement on Wednesday. “As I start a new chapter in my life, it is gratifying that I have the opportunity to devote more time and resources to philanthropy.”

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George Lucas: Hollywood Doesn’t Care About Black Films – Invests $93 Million Of His Own Money Into ‘Red Tails’

George Lucas worries Hollywood doesn’t support black films (Washington Post, Jan. 11, 2012):

George Lucas, the influential creator of the “Star Wars” films, has added his voice to the perennial concern that Hollywood doesn’t care about black films.

In a series of interviews in recent days Lucas has said he himself had to bankroll “Red Tails,” a movie 23 years in the making about the Tuskegee Airmen opening Jan. 20. Lucas invested $93 million of his own money for the making and distribution of the film, according to “Speakeasy,” a blog of the Wall St. Journal.

Now he’s a principal promoter, taking his case to Jon Stewart’s “The Daily Show” Monday night.

Lucas blamed the reception to an “all-black cast” without any white headliners for the roadblocks he encountered within Hollywood. “It’s because it’s an all-black movie. There’s no major white roles in it at all,” said Lucas. The response he got Lucas told Stewart was “we don’t know how to market a movie like this.”

Read moreGeorge Lucas: Hollywood Doesn’t Care About Black Films – Invests $93 Million Of His Own Money Into ‘Red Tails’