George Lucas once promised to never make another Star Wars movie, but that doesn’t mean Disney won’t.
In a shocking development, Disney has announced that it not only is acquiring LucasFilm but also has plans to make Star Wars 7.
According to Deadline, the stock and cash transaction will be valued at $4.05 Billion. As for the Star Wars film, they’re targeting a 2015 release date.
And from the looks of things, Lucas is indeed handing the keys to his baby over and will not be involved at all. He said in a statement:
“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.”
Lucasfilm is 100% owned by George Lucas, which means this deal will take him from crazy rich to insanely rich.
Now it’s Disney’s turn to crank out another slew of Star Wars films. Hopefully, this doesn’t mean we’ll see some wacky crossovers in the future. We don’t need Iron Man taking on Boba Fett (though that would be kinda cool). Is this a good use of cash/equity for Disney? Time will tell. I’d much rather the company buy the Spiderman rights from Sony so he could be part of Avengers 2, but I digress.