Disney News: ‘Star Wars 7’ Takes Place 30 Years After ‘Return of the Jedi,’ Brad Bird Working On ‘Incredibles 2’

Today, Walt Disney honcho Bob Iger got on the phone with investors, and gave them updates on the kind of stuff they want to hear about: sequels. Yep, sequels means throwing money after proven success instead of risking it on new territory, and those with a stake in the company got some good news on what’s coming down the pike.

The biggest longterm investment by the Mouse House is in Lucasfilm and the “Star Wars” franchise, and Iger provided an update on what’s coming in J.J. Abrams‘ “Star Wars: Episode VII,” and it’s a bit of old and new mixed together. Most notably, Iger revealed that the sequel will be set 30 years after “Star Wars: Episode VI – Return Of The Jedi” and that cast wise, it will feature “very familiar faces returning” who will join a “trio of new leads.”

Those “familiar faces” are largely expected to be Harrison Ford, Carrie Fisher and Mark Hamill, while casting rumors continue to run rampant on the newbies, with John Boyega, Ed Speelers, Matthew James Thomas, Ray Fisher, Jesse Plemons and Lupita Nyong’o all being tossed around as potential candidates. So, let the speculation game begin continue as the movie gears up to shoot in May.

And that’s not all that’s in the pipeline. Iger revealed that Disney was working on “Cars 3,” because duh, it’s their most valuable property in terms of licensed products. Meanwhile, Pixar diehards will be very happy to know that Brad Bird is finally writing “The Incredibles 2,” the sequel that everyone has been asking for.

And by the way, with “Frozen” making over a billion dollars at the box office, you better believe that melting that into more money is a priority. “This has real franchise potential” Iger said, promising more a broader theme park presence for the movie and presumably, a sequel sometime down the line. Lastly, Iger said while development continues on a 5th “Pirates Of The Caribbean” film, that picture hasn’t yet been greenlit and it sounds like it’s not coming anytime soon.

So lots and lots of stuff coming from Disney, but what do you think about ‘Episode 7’? Let us know below.