In October of 2012, The Walt Disney Company announced that it was purchasing Lucasfilm and the rights to ‘Star Wars’ for 4.05 billion dollars. This huge deal would consist of Disney paying Lucas half the amount in cash, and the other half in Disney stock. Lucas ended up owning nearly 40 million shares in Disney stock. These shares would give him about a 2.2 percent stake in the 1.83 billion shares of Disney stock that are in circulation. Disney is now in the process of making a new Star Wars trilogy. They will be releasing the seventh episode in 2015 and Episodes 8 and 9 will be released every two to three years after the previous one. This new trilogy will continue to follow the story of Luke Skywalker, Han Solo and Princess Leia.
In an article by Bloomberg Businessweek, George Lucas said
that Carrie Fisher, Mark Hamill, and Harrison Ford are all in the final stages
of negotiation to be in Star Wars, Episode 7. Disney has brought J.J. Abrams on
this project to direct Episode 7. Abrams has directed and produced blockbuster
films and series such as; Lost, Alias, Super 8, Star Trek and Mission:
Impossible – Ghost Protocol.
The original Star Wars was released back in 1977 and this
film made George Lucas into a visionary in the film industry. Lucas created two
more Star Wars films shortly after that. It wasn’t until the past decade when
Lucas made another Star Wars trilogy which received mixed reviews by his fans.
Many of the hard-core Star Wars fans had become convinced that Lucas had become
a commercial sell-out with the release of Episodes 1, 2, and 3. These fans
complained about many issues in the newest trilogy including the addition of a
character, Jar Jar Binks. Only time will tell how Star Wars fans will react to
the new trilogy that will be released two years from now.
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