pop & funWikipedia1977–1980 · California, USA

George Lucas funded The Empire Strikes Back himself, risking his Star Wars profits on the sequel

the gist

After Star Wars became a huge hit, George Lucas wanted a bigger sequel but felt his effects company was too small. He funded The Empire Strikes Back mainly with his own profits from Star Wars, using them to expand Industrial Light and Magic and build a ranch, and he took out a bank loan for the $8 million budget. Lucas then created a company to absorb the risk, so that his own fortune was exposed if the film failed. He hired writer Leigh Brackett, who died of cancer shortly after writing a draft, and then wrote a second draft himself. Irvin Kershner was hired as director, and Lawrence Kasdan refined the script.

so what

Lucas chose to risk his fortune rather than sell control, which made him unusually independent for a Hollywood filmmaker. The deal and its structure are still cited as an example of how big-budget sequels can be financed by their creators.

fun fact

Lucas wrote his handwritten draft with the idea that Vader was Luke's father, but he left the revelation out of typed scripts to avoid leaks.

more on this

Adapted from Wikipedia, the free encyclopedia · CC BY-SA 4.0

Illustrative photo · Joi Ito from Inbamura, Japan, CC BY 2.0, via Wikimedia Commons