Rob Black’s Winners and Losers: Investing in the Star Wars franchise

rob-black

(KRON)—KRON4 financial analyst Rob Black appeared on the Halloween edition of Rob Black’s Winners and Losers as Obi Wan Kenobi from Star Wars.

It seemed like an appropriate time to discuss whether or not to invest in the Star Wars franchise

Disney bought Lucasfilms for $4 billion and the company sold 1.4 million DVDs of its first Star Wars movie.

Star Wars packaged goods like macaroni and cheese are also doing well. Star Wars mac and cheese sold $243 million last year.

Since the last movie came out last year, Star Wars merchandise has earned $6 billion.

Rob Black recommends investing your money in Star Wars.

Disney plans on releasing five more Star Wars movies.

“It’s a good long term investment,” Black said.

KRON4’s financial analyst says he is able to use some of Yoda’s advice by being wise with his investments.

He said investing is a long-term patient process and to take your time.

“The stock market is not a trap, but a lot of people think it is,” Black said.

KRON4’s financial analyst answered a viewer question:

“How much would a real Death Star cost to make?”

It would cost $8 septillion to make the Death Star because it is made of iron and it is the size of a moon.

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