George Lucas spoke with Variety about his Lucasfilm getting out of the movie business.
The media mogul says, "We don't want to make movies. We're about to get into television. As far as Lucasfilm is concerned, we've moved away from the feature film thing, because it's too expensive and it's too risky. I think the secret to the future is quantity. Because that's where it's going to end up."
With that, he did give some insight into some upcoming projects, like Indiana Jones 4, which is still in development. "Steve (Spielberg) and I are still working away, trying to come up with something we're happy with. Hopefully in a short time we will come to an agreement. Or something."
Variety also reported Joe Johnston is returning to direct Jurassic Park 4, which is written by William Monahan (The Departed).
In more Lucas news, he will also serve as executive producer on the Star Wars TV series.