Disney Buys Lucasfilm, Plans New Star Wars Movie
George Lucas' company goes for $4B
By John Johnson, Newser Staff
Posted Oct 30, 2012 3:30 PM CDT
This 1977 image provided by 20th Century-Fox Film Corporation shows Obi-Wan Kenobi confronting Darth Vader.   (AP Photo/20th Century-Fox Film Corporation)

(Newser) – Big news from Hollywood: Disney has agreed to buy Lucasfilm—yep, the George Lucas company behind the Star War franchise—for about $4 billion in cash and stock, reports USA Today. Lucas currently owns it all by himself. What's more, Disney announced that the next Star Wars movie, called Episode 7, will be out in 2015, and that more will follow after that on a regular schedule.

"For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next," said Lucas in a statement. "It's now time for me to pass Star Wars on to a new generation of filmmakers."

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Showing 3 of 79 comments
Observer
Oct 31, 2012 8:56 AM CDT
I sure hope Lucas is sharing his fortune with worthy charities. He has enough money already. Good job George.
Skrybe
Oct 31, 2012 8:42 AM CDT
Alright I found out about this last night and I shall echo a friend's response: STAR WARS WORLD. Should I type that again? STAR WARS WORLD. Think about it.
$28919642
Oct 31, 2012 8:01 AM CDT
Amazingly toxic move. Disney hasn't shown a speck of insight or creativity in its planning in 40 years. All of Disney's animated feature films are the same ! I predict Disney's Army Of Evil Lawyers™ will sue fan organizations like the 501st right out of existence. . Dark Horse will soon lose the right to produce the very excellent quality Star Wars comics its made for years, and a shoddy Marvel version will last 5 issues, then die off from poor sales. BOOM! Comics produced a top-drawer Incredibles comic, but brand is more important that quality at Disney, and it was canceled. Star Wars fans are not preteens, who will accept bland repetition. They want F/X, but F/X alone won't cut it. They require a little risk-taking in the plot. The Disney Executives are far too dumb and arrogant to grasp any of this. . . . And thereby .the golden goose will be throttled. .