George Lucas Chose Merchandising Rights

George Lucas Chose Merchandising Rights

In 1977, while filming "Star Wars," George Lucas took a $500,000 pay cut from his director salary. Instead of taking the money upfront, he secured full ownership of the franchise’s merchandising rights. That decision became one of Hollywood’s biggest business wins, as the first 6 films had produced about US$20 billion in merchandising revenue by 2012.

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