No, Disney isn’t selling Lucasfilm

A rumor that Disney will be selling Star Wars back to George Lucas started trending last week on social media.

The claim was made on the YouTube channel Overlord DVD, where it was stated that Disney was under massive financial stress over the acquisition cost of Hulu. With only $200 million in liquid assets left, Disney would have to sell several of their intellectual properties, business acquisitions, and even theme parks to pay Comcast, the claim further stated.

However, there is absolutely no basis for the rumor.

At the time of writing this article, there is no official confirmation or any report from a credible source to suggest that Disney is going to sell Star Wars or any of their other IPs. There is also no report of any scheduled shows being canceled, which was also part of the rumor.

With a number of shows like Ahsoka, The Acolyte, Skeleton Crew, and Andor season 2 on the horizon under the banner of Disney, there seems to be absolutely no hint of the entertainment juggernaut selling off one of their biggest IPs.

The claim that George Lucas is interested to buy it back also has no basis.

Lucas sold his rights to Star Wars in 2012 to Disney reportedly for $4 billion. Some say the cumulative figure is closer to $10 billion.

In Paul Duncan’s Star Wars Archives, Lucas revealed the reason behind his decision to sell the franchise that was his brainchild.

"I’d still be working on ‘Episode IX!’ In 2012, I was 69. So the question was am I going to keep doing this for the rest of my life? Do I want to go through this again? Finally, I decided I’d rather raise my daughter and enjoy life for a while."

Lucas admitted that it was painful to give it up. He also said that he had hoped to have a bit more say about the sequel trilogy, which wasn’t quite well received by the fans despite reasonable box-office success.