George Lucas Reveals The Real Reason He Retired & Sold Star Wars

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George Lucas Reveals The Real Reason He Retired & Sold Star Wars
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George Lucas in Front of a Screaming Palpatine

This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available. Summary SCREENRANT VIDEO OF THE DAY SCROLL TO CONTINUE WITH CONTENT George Lucas has explained his reasoning for leaving the Star Wars universe behind. The filmmaker wrote and directed the first feature in the franchise, later retitled A New Hope, which was released in 1977 and launched a multimedia franchise the likes of which had never been seen before.

The French outlet Brut recently shared a clip from an interview with Lucas that was conducted at the 2024 Cannes Film Festival. Check out their post on X below: In the interview clip, he discusses his retirement, saying that "we could see the problems" with theatrical distribution amid the rise of streaming platforms, particularly Netflix, and he decided to leave the business because he recognized that it was on the verge of a "giant transition." Read a full transcript of his quote below:

Streaming is really powerful, and it's great, it's really upped the movie business because the theatrical movie business... we could see the problems, and it was not good. So everybody was looking to save it, but nobody knew streaming would. And that's when Netflix took off, and at that point, I said, 'I don't know what this is gonna be, there's gonna be a giant transition in the business, I don't know that much about it,' and I sold the company, and I retired.

Created by George Lucas First Film Star Wars: Episode IV - A New Hope Cast Mark Hamill , James Earl Jones , David Prowse , Carrie Fisher , Harrison Ford , Daisy Ridley , Adam Driver , Ian McDiarmid , Ewan McGregor , Rosario Dawson , Lars Mikkelsen , Rupert Friend , Moses Ingram , Frank Oz , Pedro Pascal TV Show The Mandalorian , Andor , Obi-Wan Kenobi , The Book of Boba Fett , Ahsoka , The Acolyte , Star Wars: Skeleton Crew , Lando , Star Wars: The Clone Wars , Star Wars Rebels , Star Wars: The...

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