30 October 2012 12:54 PM, PDT | The Hollywood Reporter | See recent The Hollywood Reporter news »

The Walt Disney Company 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 Lucasfilm's president, reporting to Walt Disney Studios chair Alan Horn as part of stock and cash transaction. “For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next,” said George Lucas, Chairman and Chief Executive Officer of Lucasfilm, in a statement. “It’s now time for me to pass Star Wars on

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- THR Staff

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