Disney's Robert Iger with George Lucas
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Star Wars director sells company to Disney

31 October 2012 Last updated at 06:14 GMT

The American director George Lucas is selling his company, Lucasfilm, to Disney for more than $4bn.

George Lucas is behind the hugely successful Star Wars and Indiana Jones franchises.

Another three Star Wars movies are planned, the first due for release in 2015.

The BBC's Catharina Moh reports