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Star Wars Episode 7 VII Set for Release in 2015. Lucas Sells to Disney for $4 Billion October 30, 2012

Posted by showmescifi in ShowMeSciFi.com.
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George Lucas ‘ THE MAKER’ has sold out LucasFilm to Mickey Mouse for $4 Billion.
Not totally shocking that the sale was made to Disney given that Lucasfilm and Disney have had a relationship for nearly two decades.

The price – only $4 billion is a shocker. We have previously written that Star Wars was worth approx $30 billion over its lifespan so the $4billion figure sure seems cheap.

Aside from the ownership change though the bigger news is that


That’s right there is life after Anakin Skywalker’s death.

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 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.”