The surprise acquisition of Lucasfilm by Disney Tuesday will certainly shake up the film world, but the deal also looks set to have substantial ripple effects in other parts of the entertainment industry.
Foreign-born entrepreneurs, who traditionally moved to the U.S. to start companies, are now opting to return home, in large part because of difficulties getting a work visa.
Every now and then, a product or business comes along that manages to shift the paradigm, completely reshaping the way consumers interact with goods and services. Such disruption, though, often comes at the expense of established businesses – and even entire industries.
As Nintendo prepares to launch its latest videogame console this holiday season – and Microsoft and Sony continue to prep theirs for an expected 2013 launch – a new competitor for the living room is threatening to steal their thunder.
Nintendo and Sony took pains to avoid mentioning their next generation console systems at this year's E3 videogame conference. But their publishing partners had plenty to say about what gamers can expect in 2013.
Judging by the lines at Nintendo's E3 booth, Nintendo's Wii U is a hit, but the system could have been a lot different if Nintendo had listened to its inner demons.
The videogame company on Tuesday rolled out a string of top franchises that will support the launch of Wii U, its next generation home console system and gave fans a better idea of what will make that system unique.