Disney acquires Lucasfilm

Walt Disney Company enters into an agreement to acquire Lucasfilm Ltd. from George Lucas.

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, and having a new home within the Disney organization, Star Wars will certainly live on and flourish for many generations to come. Disney’s strength gives Lucasfilm the opportunity to blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products.

Along with this announcement, Disney reveals plans to continue the Star Wars franchise. At least three new films in the Star Wars saga have been confirmed as well as upcoming television shows and feature films.