Lucas reveals 50 hours of live-action Star Wars TV has already been filmed

Back in 2005, George Lucas announced that the Star Wars universe would get two television shows: an animated show (The Clone Wars, which hit the big and little screen in 2008) and a live-action show set between the events of Revenge of the Sith and A New Hope.

Now Lucas finally explains why the live-action show "sits on a shelf."

During an interview with G4TV, Lucas explained that 50 hours of a Star Wars television show are waiting ... for a new way of making movies.

Moviemaking is very expensive, and Lucas wants to bring the same quality to the television show, but at a fraction of the price. The good news is Lucas plans on revolutionizing the way movies are made, which WILL cut the cost to a fraction of what it is now.

Say what you want about the most recent trilogy, but Lucas has always been a leader when it comes to filmmaking technology: One of his companies, Skywalker Sound, has provided post-production sound services for over 500 movies and television shows; another one of his companies, Industrial Light & Magic, has created special effects for almost 300 movies.

Lucas also changed the way movies are marketed: He retained merchandising rights to Star Wars, and the toys, posters, comic books and all other Star Wars media (which made $510 million in sales in 2010 alone) have made him one of the richest men in Hollywood.

Lucas has his people working the problem, but until they manage to bring down the cost of production, the Star Wars television show sadly remains unobtainium in the foreseeable future.

Check out what he had to say below.

(via FuriousFanBoys)