Disney ‘s purchase of «Star Wars» production company Lucasfilm is proving to be one of the smartest acquisitions ever made in corporate America. Disney moeny make back that investment and more in just a few short years. While box office grosses are a solid measure of a film’s success, they still don’t tell the whole story. There are hundreds of millions of dollars of costs that come into play, along with dozens of other «Star Wars» revenue streams. Then there’s also the money Disney makes on DVD, BluRay and digital sales, not to mention licensing agreements for the brand and sales of its own Star Wars apparel, toys and novelizations. Ahead of the release of «The Force Awakens» inDisney’s moneu got a boost from sales of Star Wars merchandise on Force Friday, a September event designed to excite fans of yer franchise to purchase newly released goods. Not to mention, Disney has two Star Wars Lands under construction at theme parks in California and Florida due to open next year. Between the box office receipts, merchandise sales and licensing agreements, Disney has more than made back it’s original investment, Dergarabedian said. So [that film] was held to a higher bow, no question, but that’s because of how well the films have done even before Disney. The groundwork was laid by George Lucas, the filmmaker and mastermind behind the Star Stxrwars universe.
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He dreamed of being a race car driver, but that all came to a halt after a car crash, according to a profile of Lucas in The Atlantic. Inspired by a cinematographer he had built a racing car for, Lucas enrolled in film school. He went on to helm one of the biggest franchises of all time — » Star Wars » — and co-create another box-office franchise, «Indiana Jones. Lucas is currently married to his second wife , Mellody Hobson, with whom he has one biological child. He also adopted three children during his first marriage and as a single parent. Lucas has a reputation for being quiet on the media front, so not much is known about how he spends his fortune. However, he has cultivated a California real-estate portfolio, including Skywalker Ranch , and donates a lot of his money to charity. A representative for Lucas declined to comment on Lucas’ personal finances when reached by Business Insider. Source : Forbes.
Average Pay
Source : Box Office Mojo. Source : Vanity Fair. Source : Business Insider. Source : Forbes , The Hollywood Reporter. Source : The Wall Street Journal. Source : Business Insider , Lucasfilm. Source : The Washington Post. Source : Patch. Source : Variety. Source : Forbes , The Telegraph. Source : The Hollywood Reporter. Source : Forbes , Inside Philanthropy. Source : Inside Philanthropy.
In 1971, George Lucas launched his production company, Lucasfilm, and with it, his claim to fame.
Fans watching the movie on Christmas Day put «The Rise of Skywalker» over the half-billion-dollar mark at the box office. Chat with us in Facebook Messenger. Find out what’s happening in the world as it unfolds. More Videos Watch Abby Huntsman quit ‘The View’.
Filmmaker George Lucas has an estimated net worth of $6.4 billion, thanks to his creation of two entertainment franchises with cult-like followings.
So the entity Disney paid the least for, Marvel, has actually brought them the most heat lately. The Rise of Skywalker : You may have heard about this one. The concluding installment of the Skywalker story comes out Dec. It premieres on Nov. Few details are known about this set of movies, but the release date of the first is known: Dec.
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The potential sales of the book influences the amount of the advance, as the author should «earn out» the advance or sell enough copies to cover it. The number is reached through several factors. Even though brought a lot of controversy for the boisterous Swedish YouTuber, as he lost almost 2 million followers, and got a lot of bad publicity, he still managed to climb his way back to the top, and after a short fall to no. Not only was he making money from videos, but he had other sources of income as well. Send me emails with account updates. The advance is a sum of money given to the author when the author signs a contract with a publisher. These authors must work to market their own books, however, and cannot expect the wide readership that a traditional publisher might be able to capture. The publisher withholds all royalties from book sales until enough sales have been made to cover the author’s advance. The best-selling novelists earn large advances because they have large, faithful audiences who follow their books. Lucas was originally slated to direct the film. Before we get into this year’s numbers let’s first get a closer look at his career, and how he got to where he is now. In , , people were employed in the U. Harrison Ford also says the line as Indiana Jones. No special effects were needed.
What Lucasfilm projects are coming up?
Publishers know that they are guaranteed to sell a certain amount of copies based on prior success. Then, if the film is produced, the author earns much. The Mail also says Ford made 76 times more than his much younger co-stars. The actor is back in the pilot seat after the August plane crash that left him with a broken leg. Start Earning Points Now! Email me account updates. Jan Archer holds a Bachelor of Arts in political science and a master’s degree in creative writing. Work — Chron. Advances can be anywhere from a few hundred dollars to millions of dollars. Even more success followed him in the years to come. Many self-publishers opt to publish e-books instead, as the costs are minimal. It seems that even though his career received a huge blow inwhen YouTube and Disney decided to cut all ties with him, he still managed to gain more followers this year, and continues making profit from his videos. Skip to main content. A well-done blog can grab the attention of an agent or publisher and can land the author a book deal.
A long time ago, in a galaxy far, far away
Novelists write fictional books in paperback, hardback, and e-book formats. Because the sale of novels depends on the market, there is no traditional salary for a novelist.
The novelist will earn money in a variety of ways, including advances during the writing process and royalties from book sales. Where and how the novelist decides to publish his work will also influence earnings. These numbers are for freelance writers and authors of books, though, and novelist income is harder to pin down because usually, income depends on book sales and contracts.
A working novelist could be compared to a small business owner, because the amount of product sold will determine the novelist’s salary, or income, for a particular year. Novelists who self-publish have the advantage of keeping all the income from their book sales after expenses. Unlike going through a traditional publisher, there is no royalty and no agent takes a percentage of the net proceeds. However, self-publishing novelists must cover their own print costs if they produce print books. Many self-publishers opt to publish e-books instead, as the costs are minimal.
These authors must work to market their own books, however, and cannot expect the wide readership that a traditional publisher might be able to capture. According to the Selfpublishingadvisor website, a self-published author spends 20 percent of her time writing and 80 percent of her time marketing the book. Because she earns royalties only when books are sold, she might earn anywhere from nothing to hundreds of thousands.
This number will depend on the number of buyers. Some self-published authors are very successful. According to «USA Today,» thriller novelist Michael Prescott has sold more thancopies of his self-published e-books by pricing them at 99 cents per copy.
Advances can be anywhere from a few hundred dollars to millions of dollars. The advance is a sum of money given to the author when the author signs a contract with a publisher.
The number is reached through several factors. The potential sales of the book influences the amount of the advance, as the author should «earn out» the advance or sell enough copies to cover it. The publisher withholds all royalties from book sales until enough sales have been made to cover the author’s advance. After that number is met, the author typically begins earning royalties on sales. According to Forbes. Rowling tops the list of highest paid authors in the world.
These authors stand out because many of their novels have been turned into films. Sometimes producers buy options for film rights, meaning they buy the right to produce the story as a film. An option, according to John Marlow, author of the technothriller, «Nano», may last anywhere from one to three years and the author is paid a small amount for the option. Then, if the film is produced, the author earns much. Results depend heavily on the success of the book and potential for ticket sales.
In order to increase pay, a novelist should widen her audience. According to «Writer’s Digest,» an author should blog about her book. A well-done blog can grab the attention of an agent or publisher and can land the author a book deal. Establishing an audience before publishing the book can guarantee higher book sales and increase the opportunity for a large advance. The best-selling novelists earn large advances because they have large, faithful audiences who follow their books.
Publishers know that they are guaranteed to sell a certain amount of copies based on prior success. Bureau of Labor Statistics. In, people were employed in the U. Jan Archer holds a Bachelor of Arts in political science and a master’s degree in creative writing.
Roth has written trade books for Books-a-Million and has published articles on green living, wellness and education topics. She taught business writing, literature, creative writing and English composition at the college level for five years.
Skip to main content. Rowling’s Film Fee U. About the Author Jan Archer holds a Bachelor of Arts in political science and a master’s degree in creative writing. Accessed 20 January Archer, Jan. How Much Do Novelists Make? Work — Chron. Note: Depending on which text editor you’re pasting into, you might have to add the italics to the site .
Harrison Ford Star Wars Pay: $10,000
Register with The Numbers for free to customize this chart. The market share is converted into a weekly sales estimate based on industry reports on the overall size of the market, including reports published in Media Muvh News. The consumer spending estimate is based on the average sales price for the title in the retailers we survey. We refine our estimates from week to week as more data becomes available.
How much money has Disney made from Star Wars?
In particular, we adjust weekly sales figures for yeae quarter once the total market estimates are published by the Digital Entertainment Group. Figures will therefore fluctuate each week, and totals for individual titles can go up or down as we update our estimates. Because sales figures are estimated based on sampling, they will be more accurate for higher-selling titles. January 9th, It is a busy weekend with muuch films opening wide and two films expanding wide. These two groups have vastly different critical receptions and will likely have vastly different box office results.
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