That would be really unfortunate. There's so much institutional knowledge at Lucasfilm and ILM (and Skywalker Sound).
100% agreed. It was sad when Kathleen Kennedy shut down the ILM office in Singapore in 2023 and 300 employees were let go. I believe that office was behind TCW animated series.
Unfortunately, layoffs are a likely outcome for the next studio head. Years of poor management decisions at Lucasfilm are a major driver. I realize that ILM does work for films from TWDC movie studios and non-TWDC studios (e.g. Universal (Wicked) and Paramount (Mission Impossible). Frankly, F1 looks absolutely fantastic. Major kudos to ILM and Joseph Kosinski alike.
The reality is that SW is not in a good way and that means TWDC, Lucasfilm and its children companies are hurting. I hope the folks that post here really take the following information and ask themselves some real honest questions about Lucasfilm and TWDC and its management moving forward (whether you are a SW legacy fan or not). Because, whoever takes over Lucasfilm is going to have to make some very tough business and creative decisions.
TWDC bought Lucasfilm for $4B (+/-) in 2012.
In the past 12+ years, Kathleen Kennedy has spent more than $3.7B (reportedly) in production budgets. Almost as much as TWDC paid for Lucasfilm. Reported live-action (non-animated) project budgets are:
$172M - Willow
$387M - Indy 5 (Total Box Office - $383M)
$645M - Andor 1/2
$135M - Skeleton C.
$230M - Acolyte
$100M - Ahsoka
$90M - Obi-Wan K.
$105M - Book of B.F.
$360M - Mando 1/2/3
$120M - Mando & Grogu (Release May 22, 2026)
$416M - Rise of Sky. (Total Box Office - $1.07B)
$300M - Last J. (Total Box Office - $1.33B)
$306M - Force A. (Total Box Office - $2.07B)
$250M - Rogue 1 (Total Box Office - $1.05B)
$275M - Solo (Total Box Office - $393M)
Several things need to be kept in mind here.
First, TWDC gets a share, not total, box office receipts. The percentage share can vary depending upon the studio, theater and country (i.e. China Box Office = less percentage for distributor).
Second, the marketing budgets are not included with the above-reported production budgets. Because of this, I am left to wonder whether or not the Rise of Skywalker (Episode 9) was profitable. I think it was profitable, but I'm not sure. If it was, maybe an earning of $1.25 for $1.00 spent? It is hard to believe a movie (Episode 9) could make over $1B at the box office and you don't see a significant financial profit. It does make sense why there is a 6 year pause between movie releases though.
Third, I do not even know where to start with the animated series budgets. I wouldn't be surprised if Bad Batch cost $3M per episode. No lie. Animated stuff can get way expensive. Just ask Pixar.
Lastly, on the D+ side of things, I suppose it is possible the SW D+ series have been a large driver for new subscribers. I find that hard to believe, but it is possible that recent subscribers (2 years more or less) are there to watch Ahsoka or Acolyte or Skelton Crew. I'm not sure I'm particularly good at comparing streaming viewership between D+ with Apple+, Max, Peacock or Netflix, etc.
At least under Kathleen Kennedy TWDC got a $2B Force Awakens box office result over a decade ago and Grogu. He's like Kirby, Bubbles, or Pikachu. People just buy it for the cuteness. So, there is something to sell. That's a positive legacy note for Kathleen Kennedy when she leaves.