Per Deadline, George Lucas said he wasn’t going to make anymore Star Wars films. He promised us that. Well, $4.05 billion is enough reason for somebody else to do that job for him. In a stunning development, Disney has purchased Lucasfilms and immediately have made plans to create a Star Wars: Episode VII to be released sometime in 2015.

What all does it mean? It could mean the first tale in an all new arc for the Star Wars franchise and it officially throws Hollywood into clustermode attempting to figure out what’s next. More on the story as it develops.