Disney Buys Production Company Behind 'Star Wars' Movies - kcentv.com - KCEN HD - Waco, Temple, and Killeen

Disney Buys Production Company Behind 'Star Wars' Movies

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(KCEN) -- A deal has been made between Disney and the production company behind "Star Wars," with a seventh "Star Wars" movie in the making.

Disney bought Lucasfilm Limited yesterday from "Star Wars" maker George Lucas for a price tag of $4.05 billion.

And Disney is making a seventh movie in the "Star Wars" series called "Episode 7".

It's scheduled to be released in 2015. There are also plans to follow it with episodes 8 and 9 and then one new movie every two or three years.

The deal includes Lucasfilm's prized production companies, Industrial Light and Magic and Skywalker Sound.

It also includes rights to the "Indiana Jones" franchise.

In a statement, Lucas said "It's now time for me to pass 'Star Wars' on to a new generation of filmmakers."

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