Disney buys Lucasfilm, plans new ‘Star Wars’ movie for 2015

by CJ Schmid 596 views0

For those that enjoyed all six of the famous “Star Wars” movies, get ready to see three more.

The Walt Disney Company announced on Tuesday that they have bought Lucasfilm Ltd. from founder George Lucas for $2 billion and around 40 million stock shares.

Along with the massive purchase of the company that owns “Star Wars,” “Indiana Jones,” and Skywalker Sound, Disney also announced that the company is in pre-production of a seventh installment of the lightsaber-filled, space-battling movie series that has captivated the world for decades.

The company plans to have the movie released sometime in 2015, with Episodes 8 and 9 to be released in 2017 and 2019, respectively. Disney also stated that they plan to make more movies after the initial three planned every two to three years.

The buyout also gives Disney rights to placement in video games, television, and a more extensive addition in their theme parks.

“I’ve always believed that Star Wars could live beyond me,” Lucasfilm founder George Lucas said in a statement regarding the multi-billion dollar deal. “I thought it was important to set up the transition during my lifetime.”

Lucas will remain a part of Lucasfilm as a creative consultant for the new “Star Wars” movies, with co-chairman of Lucasfilm Kathleen Kennedy taking over as the President of the now-Disney division and as executive producer of the series.

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