Tron fans had reason to rejoice a little over a week ago when we reported that Disney is now moving forward with a sequel to 2010’s TRON: Legacy.  The follow-up has been in development since that film’s release, but new Disney Studios head Alan Horn sees Tron 3 as a priority, and so Jesse Wigutow has been brought on to pen the latest draft of the script in order to get things moving.  Legacy star Garrett Hedlund recently confirmed his inevitable involvement in the pic, but details regarding the sequel have been few and far between.

Steve recently participated in an exclusive interview with Legacy director Joseph Kosinski in anticipation for his upcoming sci-fi film Oblivion, and he kindly provided a lengthy update on Tron 3, which he intends to direct.  Kosinski talked about the status of the script, the fact that this had to be their Empire Strikes Back in order for him to return, the possibility of Daft Punk once again providing the score, how much time has passed when Tron 3 picks up, and much more.  Hit the jump to see what he had to say.

Cue internet explosion.  In a “holy shit” piece of news, Disney has purchased George Lucas’ Lucasfilm for $4.05 billion, and has earmarked a 2015 release date for Star Wars: Episode VII.  Yes, you read that right.  Not only will Disney be in command of the Star Wars empire, but a seventh entry in one of the most popular franchise of all time is in the works and set for release the same year as The Avengers 2 and Justice League.

I’m still in a fair amount of shock here, but with this move Disney has solidified its plans to take over the world as the company now houses Pixar, Marvel, and Lucasfilm.  The new was announced by both companies, so this is no hoax.  Hit the jump for more.  [Update: We've updated the article with more information on the acquisition and the future of the franchise.]

The 20th anniversary of Joe Johnston’s The Rocketeer was just last year, which must have alerted executives at Disney that it was time to remake the film.  We talked to Billy Campbell, star of the original film, last year and he said he was “too long in the tooth” to reprise his role.  While the 1991 film didn’t land a big enough box office draw to push for a sequel, now that parent studio Disney is under new management, The Rocketeer looks like it’s going to be one of the first properties up for a reboot.  Perhaps the success of a similarly suited metal man with rocket propulsion made this a no-brainer.  Hit the jump for more on this developing story.

Following the ousting of Rich Ross as studio chairman, Disney has been on the hunt for a new exec to take his place.  After weeks of speculation as to who would land the coveted gig (with Marvel’s Kevin Feige landing on a few lists), Disney announced today that Alan Horn will be the new Chairman of The Walt Disney Studios.  Horn was the president and COO of Warner Bros. and helped oversee the Harry Potter series Batman Begins, The Dark Knight, The Departed, and he’s listed as an executive producer on the upcoming The Hobbit.  Hit the jump for more. 

I don’t think there were any real worries that “The Hobbit” would be stopped from going forward thanks to the long ongoing legal disputes between New Line and The Tolkien Trust.  In case if you were worrying though, you can now breathe and sleep easily tonight.  News has now come out that everything is settled and that “The Hobbit” will still go along as planned.  You can read all about it when you follow me after the jump.