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Friday, January 31, 2003
Lucas Consolidates
8:31 AM | Mike Apps | Comment on this story, a San Francisco news site recently reported that George Lucas would be merging his 4 media companies into one. These companies include LucasFilm, Lucas Digital, Lucas Licensing, and game company LucasArts. Lucas' main reason for doing so is to help the four companies work together as a team.

Here's a snippet from the article:

Lucas, whose first five "Star Wars" movies grossed a reported $2.1 billion, currently scatters 2,000 special-effects specialists, video game designers and other workers at four companies around Marin County: special-effects shop Lucas Digital, gamemaker LucasArts Entertainment, the lucrative Lucas Licensing and Lucasfilm. Most of those employees will relocate to a planned Digital Arts Center in San Francisco's Presidio in late 2005, according to Lucasfilm spokeswoman Lynn Hale.

In a statement on Tuesday, Lucas, who raced to fortune and fame with "American Graffiti" in 1973, laid out his company's plans to integrate operations.

"During the past 10 years, my companies have functioned relatively independent of each other. We have decided to bring these entities together. . . . This new structure will make it easier for our diverse talents to work as a team."

To read the full article, follow the link provided below.

Lucas Consolidates

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