On the heels of today's big announcement that The Walt Disney Company has acquired LucasFilm for $4.05 billion and set into motion a plan to produce Star Wars: Episode VII, creator/director George Lucas has released a brand new video where he discusses the future of his franchise with LucasFilm co-chairman Kathleen Kennedy. Take a look, and read on for more details about a new trilogy and more.

During a conference call with Disney investors held earlier today, it was revealed that the studio plans on making a brand new trilogy, with Star Wars: Episode 8 and Star Wars: Episode 9 to follow. There will be a two or three year gap in between each project. Here's what Disney CEO Bob Iger had to say about the acquisition.

"We love the fact that this will take its place in our live-action strategy as a known and loved brand. We really like Star Wars' potential on TV, and Disney XD would be a great home for that."
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We'll keep you posted as soon as more details emerge.