By David Salazar, d.salazar@latinospost.com (staff@latinospost.com) | First Posted: Aug 07, 2013 11:04 AM EDT

Could the long awaited "Star Wars" TV series finally see the light of day?

According to IGN, ABC and Lucasfilm are in talks about developing the project. The publication interviewed Disney president Paul Lee about the possibility of seeing the project in coming years and received a hopeful response.

"I certainly have a glint in my eye," said Lee. "They have a lot on their plate when you look at the features that they're planning on rolling out for the next few years, but we've started conversations with them.

"It would be nice to use other strong Disney IP besides 'Once Upon a Time in Wonderland' and besides 'S.H.I.E.L.D.' I would love to go there. I'm a particularly fan of Lucasfilm. It's an amazing world," the exec said. 

The show was originally hinted at in 2004 and was officially announced back in 2005 to coincide with the release of "Star Wars Episode III: Revenge of the Sith." Franchise creator George Lucas stated that the series would take place during the 20-year gap between the events of Episode III and Episode IV.

"We want to write all the stories for the entire first season all at once," Lucas said back then. "I'm going to get it started, and hire the showrunners and all of that, then I'll probably step away."

Wired reports that over 50 hours of screen time were written for the series but turned out to be too expensive for what Lucas had envisioned.

"We are looking for a different technology that we can use, that will make it economically feasible to shoot the show," Lucas said in 2011. "Right now, it looks like the Star Wars features, but we have to figure out how to make it at about a tenth of the cost of the features."

Lucas eventually stepped away and sold the franchise to Disney for $4 billion dollars. The company has already noted that a new trilogy would be released every two years starting in 2015. Spin-off movies were also confirmed.

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