By June 2012, Lucas had agreed to sell his company, provided that Kennedy would replace him as president of Lucasfilm. Iger agreed, while insisting that Disney would have final say over future movies. Lucas's final stipulations before the sale in late 2012 were that his story treatments would be used and that the number of Disney employees who could read them would be limited. Lucas gave Kennedy the final draft of his story treatments during the October 2012 sale. The same month, the Disney sale and production of the sequel trilogy, as well as a 2015 release date for a new film, were announced to the public. Lucas stated, "I always said I wasn't going to do any more, and that's true, because I'm not going to do any more. But that doesn't mean I'm unwilling to turn it over to Kathy to do more." Both plot outlines, the one written in the 1980s and the one written in the early 2010s, were given to Iger around the time that Disney acquired Lucasfilm.