Is Disneyland getting rid of Star Wars land?

The project took three years to complete and had an amazing launch. However, the momentum for the land is decreasing. Because of that, Disney announced they will be closing Star Wars: Galaxy's Edge permanently. Galaxy's Edge is a themed land located in both California and Florida.



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The project took three years to complete and had an amazing launch. However, the momentum for the land is decreasing. Because of that, Disney announced they will be closing Star Wars: Galaxy's Edge permanently. Galaxy's Edge is a themed land located in both California and Florida.

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And while it received glowing reviews from guests, ultimately it performed below Disney's expectations, according to Disney Parks, Experiences and Products Chairman Josh D'Amaro. “It didn't perform exactly like we wanted it to perform, so we decided that we were going to sunset this in September,” D'Amaro said.

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

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River Country is one of only two Disney parks to permanently close, along with Discovery Island, which is situated parallel to the water park.

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Factoring in exhibitors' take of the profits and everything else, Disney has made an estimated US$1.3bn at the Star Wars box office, taking a fair chunk out of Disney's initial purchase from George Lucas in 2012. That's without touching on streaming revenues, gaming, and the all-important merchandising income.

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October 30, 2012 - Disney Acquires Lucasfilm After months of negotiations and an audit to determine the value of the Star Wars franchise, Disney agreed to buy Lucasfilm for $4.05 billion. The deal was officially announced on October 30, 2012, with Lucas signing the company to Disney in a press release.

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