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Disney buys out Lucasfilms for 4.5 Billion!

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According to a press release given to Street Insider, Disney is already planning Star Wars Episode VII for release in 2015! And on a conference call with reporters, Disney execs said they aim to put out a new live-action Star Wars film every two to three years.


Here’s the official quote from Lucas: 

For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said George Lucas, Chairman and Chief Executive Officer of Lucasfilm. “It’s now time for me to pass Star Wars on to a new generation of filmmakers. I’ve always believed thatStar Warscould live beyond me, and I thought it was important to set up the transition during my lifetime. I’m confident that with Lucasfilm under the leadership of Kathleen Kennedy, and having a new home within the Disney organization,Star Wars will certainly live on and flourish for many generations to come. Disney’s reach and experience give Lucasfilm the opportunity to blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products.

Disney has purchased LucasFilm for a whopping $4.05 billion. And the Mouse House already has big, big plans for George Lucas’ world. 

DISNEY BUYS 

LUCASFILM FOR 4.05 BILLION. 

According to a press release given to Street Insider, Disney is already planning Star Wars Episode VII for release in 2015! And on a conference call with reporters, Disney execs said they aim to put out a new live-action Star Wars film every two to three years.


Here’s the official quote from Lucas: 

 

For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said George Lucas, Chairman and Chief Executive Officer of Lucasfilm. “It’s now time for me to pass Star Wars on to a new generation of filmmakers. I’ve always believed thatStar Warscould live beyond me, and I thought it was important to set up the transition during my lifetime. I’m confident that with Lucasfilm under the leadership of Kathleen Kennedy, and having a new home within the Disney organization, Star Wars will certainly live on and flourish for many generations to come. Disney’s reach and experience give Lucasfilm the opportunity to blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products.


Source: io9