Just like that, Disney shakes up the Star Wars universe and is taking over Lucasfilm for a whopping $4.05 billion, and is already set to bring the next generation of Star Wars films beginning in 2015 with Episode 7.
George Lucas’ statement on the deal:
For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next. It’s now time for me to pass Star Wars on to a new generation of filmmakers. I’ve always believed that Star Wars could 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, [the current co-chair of Lucasfilm who will become president after the deal closes and report directly to Walt Disney Studios chair Alan Horn] 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.