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Is LucasArts really in control of its IPs anymore?
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Well, while Disney technically speaking owns the all LucasFilm's and its subsidiaries' IPs, I'm pretty sure LucasArts still regains a hefty amount of creative control when it comes to these IPs. After all, Marvel is owned by Disney, and it's not like Disney calls absolutely all the shots.
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Disney might well be more accomodating to licensing.
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Disney already has a light-hearted pirate-themed IP that's much more profitable and well-known than Monkey Island. I think they would rather work with Pirates of the Caribbean than MI, because... let's face it, MI is incredibly, incredibly niche.
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Sure there are plenty of projects in the works, but they put Sam & Max Season 3 on the backburner when Tales fell on their laps, right?
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Well, the difference is, TellTale could pretty much do whatever they wanted with Sam & Max thanks for Steve Purcell controlling all the rights to the IP. But when it comes to licensing, there are also different date restrictions for projects. Depends on the deal.