We interrupt Scary Movie Week with news that . . . well, might be exciting for some people and a little scary for others. Disney announced today that it has acquired George Lucas’ Lucasfilm Ltd., for a sum said to total $4.5 billion in cash and stocks. This includes rights to the “Star Wars” franchise, which will continue, as well as the ‘Indiana Jones’ franchise. “Star Wars, Episode VII” is in pre-production, the company announced, with a target date of 2015. Kathleen Kennedy of Lucasfilm will be executive producer of the new film; Lucas’ title will be “creative consultant.” The plan, announced today, is to release a new “Star Wars” movie every two or three years.
“For the past 35 years, one of my greatest pleasures has been to see ‘Star Wars’ passed from one generation to the next,” said Lucas. “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.”