On Tuesday afternoon, the Walt Disney Company announced in a press release shortly before its investor call that it would acquire 100 percent of LucasFilm LTD for $4.05 billion, in cash and stock. In the press release, Disney also said it would invest in a new film, Star Wars Episode 7, which would be released in 2015, “with more feature films expected to continue the Star Wars saga and grow the franchise well into the future.”
