Disney Buys LucasFilm – $4 Billion in Cash and Stocks

The Mouse grows once more. Not since the Marvel Comics and Disney merger has such a huge ripple run through the galaxy of nerds everywhere. It is if a million voices cried out in once and were suddenly snuffed out.

The news first broke on CNBC’s twitter wall with this post:

Alan Horn, the new leadership of Disney seems to be the firebrand pushing for these major deals. The Hollywood Reporter confirmed the report with other major news, with the merger Disney and LucasFilm plans to go ahead into production for a series of new Live action Star Wars films. Star Wars Episodes VII, VIII, and IX. Current LucasFilm co-chair Kathleen Kennedy will become president of LucasFilm. Also Kennedy will be the exec producer of Star Wars: Episode VII and future Star Wars feature films, with George Lucas acting as “creative consultant.”

George Lucas had this to say 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. 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 reach and experience give Lucasfilm the opportunity to blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products.

In a Disney Press Release from the disney exec conference Disney and LucasFilm stated Star Wars Episode VII will be released in 2015, and followed by Episodes VIII and IX, with long-term plans including a “new Star Wars film every two to three years.” All part of Disney’s overal eight/ten film per year plans. One major note that might both make Star Wars fans both sad and happy is that Lucas has consulted on the currently in-development Episode VII, “but it is his intent to retire.”. So for fans of the orignal three films the new sequels might not have the detachment from original fan appeal that the prequels did and something closer to the current mood of the Star Wars: The Clone Wars cartoon series

Originally from the Maryland beltway area. Patrick lived in Los Angeles for a couple of years. Now he is based in the Portland area. In the past Patrick has been an IT engineer, technology consultant, software trainer, technology journalist, blogger, and podcaster. Currently he is returning to school for a degree in Computer Science & Engineering.

Patrick Roanhouse – who has written posts on Plan8.