On Air Now

Tune in to Listen

99.9 FM Hibbing, MN

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
34° Feels Like: 34°
Wind: WSW 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 68°

Tonight

Partly Cloudy 42°

Tomorrow

Partly Cloudy 62°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Representative: 'George Lucas not selling Disney stock'

From WENN.com

The director sold his LucasFilm company and the rights to his Star Wars movie franchise to the family entertainment giant for $4 billion last year (12) and received more than 37 million shares in Disney in exchange.

A regulatory court document was filed on Wednesday (06Feb13), acknowledging Lucas' permission to cash in on the stock in the future, however, LucasFilm spokeswoman Lynne Hale insists the filing was just a legal requirement.

Hale tells HollywoodReporter.com, ""George does not currently have any plans to sell his Disney stock. This was a registration of ownership of stock in conjunction with the sale of LucasFilm to Disney. It was a required filing.""

Comments