George Lucas to Retire From Blockbuster Filmmaking After 'Red Tails'

George Lucas announced that he is ready to retire from the blockbuster filmmaking. The helmer of the "Star Wars" film series revealed to New York Times that after finishing his 20-year passion project "Red Tails", which will be released on January 20, he plans to follow his friend Francis Ford Coppola's footsteps in the small movie filmmaking.

"I'm retiring," claimed the founder and chairman of LucasFilm. "I'm moving away from the business, from the company, from all this kind of stuff." He explained that "Red Tails" will be his last big-budget movie, though he was careful to leave himself an out clause for "Indiana Jones V".

Lucas' long-time producing partner at Lucasfilm, Rick McCallum, chimed in, "Once this ['Red Tails'] is finished, he's done everything he's ever wanted to do. He will have completed his task as a man and a filmmaker."

In a recent interview with Collider, McCallum also said, " 'Red Tails' is the last of all the films that he ever said [he wanted to make]. He started 23 years ago on 'Red Tails' and now he has fulfilled everything he set out to do, which no...very few filmmakers ever get an opportunity to do."

"He's done everything that he actually wanted and planned to do, including more 'American Graffiti', including the revised version of ['THX 1138']," he continued. "He got to be able to do everything that he actually wanted to do."

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