UPDATE: Disney Chairman and CEO Bob Iger has confirmed in an interview with CNBC that there are indeed "Star Wars" spinoff films currently being developed by screenwriters Lawrence Kasdan and Simon Kinberg. There is of course no word on what characters may be involved.

You can watch the interview at Deadline.

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Ever since Disney bought "Star Wars" and announced they would be putting out stand alone spinoffs in addition to continuing the main storyline, folks have been speculating just what those new films will be about. The origin of Salacious Crumb? The story of the Millennium Falcon making the Kessel Run in less than twelve parsecs? Jar Jar Binks: The Untold Story?

All great ideas. But now, according to Ain't It Cool News, the real answer has been revealed — and the first "Star Wars" spinoff will actually be about Yoda.

"To start with, they're going to focus on established characters and do solo films," AICN's Harry Knowles said about Disney's plans to expand their "Star Wars" empire. "The first Stand Alone film is going to center upon Yoda.  At this stage specifics are sparse, but Kathleen Kennedy is putting together a 'Star Wars' slate."

""I've also heard tale of a Jabba story that Lucas has floated to some of his buddies," he added. "But word is Yoda is first."

Of course, considering Yoda (who is voiced by puppeteer Frank Oz) was over 900 years old in the original trilogy, there seems to be plenty of room to expand upon what little we know of his history. So exactly what the film will be about is still pretty much a complete mystery (anyone else want to see a Mrs. Yoda?). But one thing is sure: With Disney in charge and going full steam ahead, this is likely just the first of many announcements to come.

Good news, this is.

Originally published on Tuesday, Feb. 5, 2013 at 11:24 a.m.