"Always in motion is the future," Yoda said. The future of the Star Wars cinematic galaxy, however, is taking shape. This morning at the Palace of Fine Arts in San Francisco, across the street from Lucasfilm, Disney chairman and CEO Bob Iger hosted a shareholder meeting where he announced news regarding the first Star Wars stand-alone movie as well as Star Wars: Episode VIII.

Iger confirmed that Rian Johnson will write and direct Star Wars: Episode VIII. The film, which continues the saga after the events of Star Wars: The Force Awakens, is set for release on May 26, 2017 - forty years and a day after the release of Star Wars: Episode IV - A New Hope in 1977. Johnson is widely considered one of cinema's most gifted young filmmakers, having directed the modern sci-fi classic, Looper, as well as Brick and The Brothers Bloom. He was also behind the camera for three episodes of the critically-acclaimed TV series Breaking Bad, including "Ozymandias", which series creator Vince Gilligan named as the best installment of the show.

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Kathleen Kennedy and Ram Bergman, producer of Looper, Don Jon, Brick and The Brothers Bloom, are on board to produce. Are you excited that Star Wars: Episode VIII will have a May release like the first six movies? Let us know what you think below.