The Walt Disney Company (DIS), Activision Blizzard, Inc. (ATVI) and a Galaxy Far, Far, Away

Last summer at E3, the Electronic Entertainment Expo, excitement grew when LucasArts unveiled Star Wars: 1313—a more mature game, which explores the shady underworld of the planet, Coruscant. The concept art for the game is available online, and if you ever wondered what Luke Skywalker in a film noir would look like, you should check it out.

Perhaps, this is a little too mature for The Walt Disney Company (NYSE:DIS)’s tastes. The game’s development is on hold, or rather, frozen, like Han Solo in Carbonite.

Help Me, Obi Wan Kenobi

Okay, maybe LucasArts doesn’t need a Jedi knight to rescue them . . . but they do need rescue. Some have speculated that The Walt Disney Company (NYSE:DIS) has put the video game development on hold in order to better align the games with the plotlines of the soon to be released films. This seems like a fair assessment, but it doesn’t address a more important point—the collaboration between LucasArts and Electronic Arts is no longer a productive one.

A partnership with Activision Blizzard, Inc. (NASDAQ:ATVI) would make a lot more sense. With successes like Call of Duty, WorldofWarcraft, Diablo, and Starcraft under its belt, Activision Blizzard, Inc. (NASDAQ:ATVI) is clearly capable of righting the LucasArts ship. And, perhaps, it makes even more sense when you consider that Activision Blizzard, Inc. (NASDAQ:ATVI) has already produced several video games featuring Spider-Man and X-Men from the Marvel universe

These are exciting times for fans of the Star Wars movies. And, they could be exciting times for fans of the Star Wars video games if The Walt Disney Company (NYSE:DIS) and LucasArts get things back on track. Although Activision Blizzard, Inc. (NASDAQ:ATVI) has been on my watchlist for the past year, I would be much keener on initiating a position if I saw some sort of collaboration with LucasArts.

The article Disney, Activision and a Galaxy Far, Far, Away originally appeared on Fool.com and is written by Scott Levine.

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