by mr.negativity » Tue Oct 30, 2012 9:53 pm
From THR:
[quote="Alex Ben Block "]
The Walt Disney Co. has acquired Lucasfilm for $4.05 billion in cash and stock and announced a new Star Wars movie to be released in 2015.
Kathleen Kennedy, current co-chair of Lucasfilm, will become its president, reporting to Walt Disney Studios chair Alan Horn. Disney is paying about half the purchase price in cash and will issue 40 million shares of stock, the company said in a statement Tuesday.
Kennedy will serve as executive producer on new Star Wars features, with the franchise's creator and Lucasfilm founder George Lucas, 68, serving as creative consultant. There are plans to release a new Star Wars film 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,â€