Disney Buys LucasFilm in $4 Billion Deal, Announces New ‘Star Wars’ Film For 2015
The Walk Disney Company announced some MAJOR news today when they revealed that they have purchased LucasFilm, the company founded by George Lucas, for a cool $4.05 billion in cash and stock options. This monumental business transaction will allow Disney to keep the rights to all of the Star Wars stories as well as the businesses associated with the franchise, including Industrial Light and Magic and Skywalker Sound.
As if that wasn’t a big enough announcement, Disney also revealed that they will be moving forward on developing a NEW Star Wars movie with plans to continue the franchise after that. The next film, Star Wars: Episode 7, is already in development with a planned released in 2015!