George Lucas has sold Lucasfilm Ltd. to the Walt Disney Company. Disney announced plans for new Star Wars movies to premiere beginning 2015.
Global leader in high-quality family entertainment agrees to acquire world-renowned Lucasfilm Ltd, including legendary STAR WARS franchise.
Acquisition continues Disney’s strategic focus on creating and monetizing the world’s best branded content, innovative technology and global growth to drive long-term shareholder value.
Lucasfilm to join company’s global portfolio of world class brands including Disney, ESPN, Pixar, Marvel Comics, and ABC.
STAR WARS: EPISODE 7 feature film targeted for release in 2015.
Kathleen Kennedy, current Co-Chairman of Lucasfilm, will become President of Lucasfilm, reporting to Walt Disney Studios Chairman Alan Horn.
You can read the full (lengthy) press release at http://thewaltdisneycompany.com/disney-news/press-releases/2012/10/disney-acquire-lucasfilm-ltd.
There has been no news as yet regarding the future of Lucasfilm’s beloved pulp adventurer, Indiana Jones.