Disney Buys Lucasfilm, Star Wars Episodes # 7 – # 9 On The Way! …. Or There’s Dancing In The Streets Near Hasbro

The web is lighting up with the report that Disney bought $4.05 billion in cast and stock shares of Lucasfilm. George Lucas had this to say about the future of the Star Wars franchise

“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,” Lucas, who directed four of the six “Star Wars” films, said in a statement. “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.”

Echoed Disney chairman and chief executive officer Robert Iger, “This transaction combines a world-class portfolio of content including ‘Star Wars,’ one of the greatest family entertainment franchises of all time, with Disney’s unique and unparalleled creativity across multiple platforms, businesses, and markets to generate sustained growth and drive significant long-term value.”

According to Iger, the deal came with “an extensive and detailed treatment for the next three [‘StarWars’] movies.” – Via The Huffington Post

Star Wars Episode VII opens in theaters 2015

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