October 30, 2012
Updated Oct 31, 2012 at 12:44 PM EDT
Los Angles (www.incnow.tv) - The Walt Disney Company has just announced its plans to purchase Lucasfilm Ltd from George Lucas. If that wasn’t big enough news, Star Wars: Episode 7 will then be released sometime during 2015.
Lucas is expected to make half of the $4.05 billion deal plus 40 million stock shares.
Lucas himself will stay on as creative consultant for the new Star Wars films, with Kennedy serving as executive producer.
Industrial Light & Magic and Skywalker Sound are reportedly included in the transaction.
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