Some big news has just announced: Disney has just bought Lucasfilm for a whopping $4.05 billion in cash and stock and they’ve also announced that a new Star Wars movie will be released in 2015. In fact, they are planning on releasing a new Star Wars film every two or three years! I certainly remember watching Star Wars as a kid and it’s exciting to think where they’ll take it with all of the technology available today and of course in the years to come.
Kathleen Kennedy, current co-chair of Lucasfilm, will become Lucasfilm’s president, reporting to Walt Disney Studios chair Alan Horn. She will also serve as the executive producer on new Star Wars feature films, with franchise creator and Lucasfilm founder George Lucas as the creative consultant.
“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, chairman and CEO of Lucasfilm, in a statement. “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, 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.”
“Lucasfilm reflects the extraordinary passion, vision and storytelling of its founder, George Lucas,” said Bob Iger, Disney chairman and CEO, in a statement. “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.”
Exciting stuff! For more info, visit HollywoodReporter.com.