Lucasfilm Limited is an American film and television production company responsible for the Star Wars and Indiana Jones franchises. Lucasfilm was founded by filmmaker George Lucas in 1971. Based in San Francisco, Lucasfilm has also been a leader in developing new film technology in special effects, sound, and computer animation, and because of their expertise its subsidiaries often help produce non-Lucasfilm pictures. Discussions of Disney potentially purchasing Lucasfilm officially began in May 2011, after a meeting that George Lucas had with Disney CEO Bob Iger during the inauguration of the Star Tours: The Adventures Continue attraction. Lucas told Iger he was considering retirement and planned to sell the company, as well as the Star Wars franchise. On October 30, 2012, Disney announced a deal to acquire Lucasfilm for $4.05 billion, with approximately half in cash and half in shares of Disney stock. Lucasfilm and Disney had previously collaborated to create Star Wars and Indiana Jones attractions for various Walt Disney Parks and Resort attractions worldwide.
The company also announced the future release of Star Wars movies, starting with Star Wars Episode VII in 2015.
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