Disney buying Lucasfilm, will release new 'Star Wars' movie in 2015
Walt Disney Co. is buying Lucasfilm in a $4 billion deal that brings the best-selling "Star Wars" franchise under the Disney umbrella, with plans to release Episode 7 of the long-running saga in 2015.
Disney has long had a close relationship with closely held Lucasfilm and founder George Lucas, including featured attractions at Disney theme parks such as Star Tours at Disney's Hollywood Studios in Florida.
"It's now time for me to pass 'Star Wars' on to a new generation of filmmakers," said Lucas, 68, in a statement.
The cash and stock deal is valued at about $4.05 billion, Disney said. Lucasfilm is solely owned by George Lucas.