Long ago in a galaxy far far away... Actually yesterday here in California, George Lucas sold his Lucasfilm company along with his Star Wars empire to Disney for $4.05 billion.
The sci-fi movie franchise already extends into games, TV and consumer products. With three new movie in the works, the stars are the limit for Star Wars and its new owner Disney.
Fans of the original movies say the franchise has been going downhill ever since the release of Phantom Menace in 1999. But there's a whole new generation of moviegoers out there and for them, this will be their first chance to see "Star Wars" on the big screen.
To find out what this young demographic thinks about yesterday's announcement, we brought in a huge "Star Wars" fan, 7-year-old Sam Grotenstein.