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George Lucas Is Supporting Bob Iger and the Disney Board. Is It Opposite Day?

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In an interesting turn of events, “Star Wars” creator George Lucas publicly supports Disney CEO Bob Iger and the Walt Disney Company board against the activist investor groups trying to obtain board seats. This is highly ironic given that George Lucas was very vocal about how he felt betrayed by Bob Iger. Iger himself even talked about how Lucas felt betrayed in his book. 

Now, George Lucas has seemingly put out this statement saying, “Creating magic is not for amateurs. When I sold Lucasfilm just over a decade ago. I was delighted to become a Disney shareholder because of my long-time admiration for its iconic brand and Bob Iger’s leadership. When Bob recently returned to the company during a difficult time, I was relieved. No one knows Disney better. I remain a significant shareholder because I have full faith and confidence in the power of Disney and Bob’s track record of driving long-term value. I have voted all of my shares for Disney’s 12 directors and urge other shareholders to do the same.

It’s odd considering what Lucas has said in the past, including calling Disney “white slavers” in 2015. Which he later apologized for.

Lucas also took part in a zoom meeting with students from The East Harlem School at Exodus House, in a video that has been removed, where a student asked him “The world has changed so much since the first Star Wars movie, how do you think the changes in the fight for racial justice will impact the Star Wars universe going forward?

Lucas answered by saying,“I don’t know, I mean, I kind of lost control of Star Wars, so it’s going off in a different path than what I intended. But the first six are very much mine and my philosophy.” He continued, “And I think that philosophy sort of, goes beyond any particular time, because it’s based on history, it’s based on philosophy, it’s based on a lot of things.”

Disney CEO Bob Iger also talked about how George Lucas felt betrayed by him and Disney in his book “The Ride of a Lifetime: Lessons Learned From 15 Years as CEO of the Walt Disney Company.”  Apparently George Lucas thought Disney was buying his treatments for the sequel trilogy, and Disney did not use them, but Lucas was upset.
Iger said, “We decided we needed to buy them, though we made clear in the purchase agreement that we would not be contractually obligated to adhere to the plot lines he’d laid out.
George Lucas discovered that Disney did not use his story in a meeting with Kathleen Kennedy, J.J. Abrams, and Michael Arndt. Iger explained that “George immediately got upset as they began to describe the plot and it dawned on him that we weren’t using one of the stories he submitted during the negotiations. George knew we weren’t contractually bound to anything, but he thought that our buying the story treatments was a tacit promise that we’d follow them, and he was disappointed that his story was being discarded. I’d been so careful since our first conversation not to mislead him in any way, and I didn’t think I had now, but I could have handled it better.
 
Under Disney, “Star Wars” has seen a decline and the fandom has become split from “The Last Jedi” onward. Some unity was regained with “The Mandalorian,” but that has also declined with each new season. It’s yet to be determined how well the “Acolyte” will perform. 
But even after all of this, George Lucas seems to be siding with Bob Iger. It’s very odd. Much like how Abigail Disney, who famously dogged Iger about his compensation and even called her great-uncle Walt Disney a “fascist,” is suddenly playing nice to support Bob Iger and the board
 
What’s up is down with this proxy battle and one never knows what the next day will bring. It will all be decided soon as the voting and annual meeting will conclude on April 3, 2024.
 
What do you think? Comment and let us know!


Pirates & Princesses (PNP) is an independent, opinionated fan-powered news blog that covers Disney and Universal Theme Parks, Themed Entertainment and related Pop Culture from a consumer's point of view. Opinions expressed by our contributors do not necessarily reflect the views of PNP, its editors, affiliates, sponsors or advertisers. PNP is an unofficial news source and has no connection to The Walt Disney Company, NBCUniversal or any other company that we may cover.



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