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1975 -- George Lucas conceives of and writes the basic story of Anakin Skywalker's rise, fall and ultimate redemption. This story becomes too large for one film and Lucas divides the story into two trilogies. The first trilogy focuses on the life of a young Anakin Skywalker while the second trilogy focuses on the life of Anakin's son, Luke Skywalker. Lucas chooses to make the second trilogy first since it appears to be the most exciting one to film at the time. 20th Century Fox releases Star Wars Episode 1: A New Hope in May 1977.
1983 -- After the release of Return of the Jedi, Lucas retires from making Star Wars movies to pursue other projects. Lucas vaguely promises to make a Prequel Trilogy one day when special effects technology advances enough and becomes cheap enough to make the films exactly as Lucas envisions them without artistic compromises. True to his word, Lucas walked away from Star Wars and the Prequel Trilogy remained untouched in his five three-ringed notebooks for well over a decade.
1994 -- Front page of Daily Variety announced that: "Lucas The Loner Returns To Wars." Lucas tells Rex Weiner of Variety that work will soon begin on the long-awaited Prequel Trilogy. The first prequel is tentatively scheduled for a 1998 release. Lucas states that the recent advances in computer generated imaging (CGI) as seen in Jurassic Park and Casper makes the filming of the new trilogy both inexpensive and technically possible. Also, Lucas states that he will direct Episode 1. This is the first time that Lucas has directed a film since the original Star Wars. The new CG technology will create a new way to make films where a writer's imagination can be fully released without restrictions. With the level of computer animation technology available, Lucas believes that he is now free to write more interesting and complex Star Wars scripts.
1995 -- Lucas is hard at work on writing the screenplay for Episode 1 . . . The Young Indiana Jones Chronicles helps pave the way for the Prequel Trilogy. ILM develops the technology and means to create virtual environments for this landmark television series. ILM packs each hour long episode with hundreds of special effects sequences at very reasonable prices. With the new digital effects techniques developed for Young Indy, Lucas believes that he will be able to make the Prequel Trilogy very economically: about $ 60 - 70 million per film.
May 1996 -- Lucasfilm announces that it has signed a deal (reportedly worth $ 2 billion) with Pepsico (Pepsi, Pizza Hut, KFC, Taco Bell and Frito Lay) for movie tie-ins related to the new Prequel Trilogy. Variety called this "the largest in size and scope the entertainment industry has ever seen."
Late 1996 -- Lucasfilm announces that pre-production on Episode 1 has begun.
To be continued . . .