LOS ANGELES • Walt Disney signed Lucasfilm president Kathleen Kennedy to a new three-year contract, showing the company still has confidence in her despite a disappointing box office for the most recent film in the Star Wars franchise.
Ms Kennedy, the long-time producer behind films such as Back To The Future (1985) and Jurassic Park (1993), joined San Francisco-based Lucasfilm before Disney's 2012 purchase of the company.
Since then, she has rebooted the Star Wars franchise, releasing four films, with more in the works.
After a big start with 2015's Star Wars: The Force Awakens taking in more than US$2 billion in worldwide ticket sales, the franchise hit some turbulence.
Last year's Star Wars: The Last Jedi was viewed as disappointing by some diehard fans and Solo: A Star Wars Story, released just six months later in May, was an outright dud, grossing US$392.8 million (S$536 million) worldwide, the lowest in the saga's four-decade history.
The franchise remains a critical one for Disney, with two new theme-park attractions due to open next year along with another instalment in the series.
Disney is also producing a Star Wars TV show for its new streaming service, also scheduled to launch next year.