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Disney is buying Lucasfilm, the company behind the Star Wars films, from its chairman and founder George Lucas for $4.05bn (£2.5bn).

Mr Lucas said: "It's now time for me to pass Star Wars on to a new generation of film-makers."

In a statement announcing the purchase, Disney said it planned to release a new Star Wars film, episode seven, in 2015.

That will be followed by episodes eight and nine and then one new movie every two or three years, the company said.

The last Star Wars film was 2005's Revenge of the Sith, and Disney said it believed there was "substantial pent-up demand".

Disney will pay about half in cash and half in stock, issuing 40 million Disney shares in the transaction.

"Our valuation of Lucasfilm is roughly comparable to the value we placed on Marvel when we announced that acquisition in 2009," Disney said, adding that the valuation was almost entirely driven by the Star Wars franchise.

The first Star Wars film was released in 1977.

"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.

"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."

http://www.bbc.co.uk/news/business-20146942

look on the brightside
























more tunes from these guys

Why does there need to be an Episode 7? I just don't know how anyone can sit and watch the end of Return of the Jedi and think "more needs to be sai-" Oh, money - yeah.

Sorry I sometimes lapse into the natural attitude of expecting people to appreciate art and culture for its own sake.

I trust Disney with Star Wars a lot more than I trust George Lucas with it.




'Nuff said.

Disney now owns Marvel and Lucasfilm...

episodes 1-3 were shit so im actually excited about this. and i would like to see episode 7 because luke starts a jedi academy n shit

shit i hope they don't go all commercial and money grabbing now




OH WAIT

deadly habit wrote:Disney now owns Marvel and Lucasfilm...

Joss Whedon presents Star Wars???

deadly habit wrote:"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.

lol @ 'passed'

collige wrote:I trust Disney with Star Wars a lot more than I trust George Lucas with it.




'Nuff said.

agreed. they have done a good job with tron, uprising

constrobuz wrote:episodes 1-3 were shit so im actually excited about this. and i would like to see episode 7 because luke starts a jedi academy n shit

oh yeah, 7-9 are going to get DARK

Jimmy Savile pays an unsolicited visit to the academy.

Cue Jedi Mickey dolls in stores for xmas in 3, 2, 1...




edit: my pal summed it up well in an email... "What?! Always nice when something you associate with your time on the planet ceases to exist... "

Darth Pluto and Goofy Skywalker going head to head.

don't worry Mickey-wan Kenobi has Goofy's back

Luke detects a disturbing disturbance in the force when Jimmy 'The Sav' Savile visits the newly founded academy to learn to undress young girls with his mind, literally. Luke must sacrifice almost everything to defeat Darth Savile and his mysterious ethnic disciple, Jafar.

I look forward to these films about as much as any future Indianna Jones or Terminator films

i hope theres not a crapy game with it

You know that it's almost impossible for there not to be

Maybe we'll get to hear how the empire were really the good guys, and the rebel alliance were just a bunch of sandnigering towel headed terrorists.