According to George Lucas and Rick McCallum the new Star Wars Live Action TV Series is on hold for financial reasons. The Article can be read at http://tv.ign.com/articles/117/1175783p1.html
The director says its going to be like the Godfather. Unfortunately it is on hold for about 4 years.
Article was found by Clint Felker. You can find his blog hand that feeds linked to my home page.
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