Disney continues it’s quest to become a juggernaut in the entertainment industry with its latest purchase of Lucas Film.
Yesterday’s breaking news was Walt Disney Co. forking over $4.05 billion in cash and stock for Lucasfilm Ltd., and stated that they will be adding a new chapter in the Star Wars franchise starting in 2015.
If you are not aware of past mergers made by Disney, they have acquired ABC and Marvel. Both of which have thrived under the Disney umbrella.
Regarding the Star Wars movies, Lucusfilm had already developed an extensive story line on the next trilogy, and Episode 7 was now in early-stage development. Yet, in an interview with George Lucas, from earlier this year, it was noted that there was no plans to add a new trilogy to the franchise. With the new deal, Lucas will serve as creative consultant in the new movies.