40 years ago today, on May 25th 1977, one of the world's largest franchises began. Star Wars hit cinema screens with the release of Star Wars: A New Hope. Since then, Star Wars has gone on to secure a number of box office records including, most recently, the 'Fastest Film to Gross $1 Billion' and 'Biggest Worldwide Opening Weekend.' In 2012, Disney (DIS) - Get Report announced a deal to acquire the company behind Star Wars for $4 billion and rebooted the franchise.
This article was written by a staff member of TheStreet.