Part of the deal includes Disney rolling out "Star Wars Episode 7" in 2015 (note, they don't call it "Episode VII"), with more films to follow.
More films without George Lucas? Hmmmmm. To quote every single Star Wars movie so far, "I've got a bad feeling about this."
So what can we expect now that Jedis everywhere are in the Mouse House?
Potential film titles are already hitting the Twittersphere. Here are a few:
"Leia and the Tramp" — @BeeDiddee
"Honey, I Shrunk the Droids" — @ShayTotten
"The Absent-Minded Padawan" — @DaleFranks
"Jabba the Pooh" — @iowahawkblog
"It's a Maul world after all" — @WantonItalics
"Jedis of the Caribbean" — @Russell_Barth
"It's a Parent Trap!" — @_scoutproblems (a longtime gag based on a famous line by Admiral Ackbar)
"Expect to be a real boy, you do? Listen to your conscience, you do not." Jiminy Yoda — @BrianMorganEsq
And my favorite, from @willcollier: "When you wish upon a Death Star..."
—By CNBC's Jane Wells
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