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New "Stars Wars" Movie Coming in 2015 as Disney Buys Lucasfilm

Ron Galella, Ltd./WireImage(NEW YORK) -- The Force will be with us...again.  In a shocking announcement, Star Wars creator George Lucas has announced that he's selling his company Lucasfilm to Disney in a $4.05 billion dollar deal, and part of that deal will include a new Star Wars film, Episode VII, due in 2015.

In a statement, Lucas said, "For the past 35 years, one of my greatest pleasures has been to see Star Wars passed from one generation to the next. It's now time for me to pass Star Wars on to a new generation of filmmakers"

He added, "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. I'm confident that with Lucasfilm...having a new home within the Disney organization, Star Wars will certainly live on and flourish for many generations to come."

He added that "Disney's reach and experience" will give Lucasfilm the opportunity to "blaze new trails in film, television, interactive media, theme parks, live entertainment, and consumer products."

Since their initial releases, Lucas has continued to tinker with and re-issue different versions of all six Star Wars films, but he never indicated that he would be involved in making a seventh chapter of the saga.

Copyright 2012 ABC News Radio

ABC News Radio