Back in 2014 it was revealed that Reliance Media Works was converting the original Star Wars Trilogy to 4K. There haven't really been any updates on that over the years, but fans wondered if one day the 4K restored films would actually be released in theaters.
Thanks to Rogue One director Gareth Edwards, we now know that a 4K version of Star Wars: Episode IV - A New Hope exists. How does he know? Because he actually sat down in a screening room at Lucasfilm and watched it! During an interview with Little White Lies, the director said:"On day one, we were in Lucasfilm in San Francisco with Industrial Light and Magic and John Knowles, our supervisor, he said that they’ve got a brand new 4K restoration print of A New Hope – it had literally just been finished. He suggested we sit and watch it."
That would have been a pretty awesome experience for any Star Wars fan. The question still remains... Will Disney and Lucasfilm release it in theaters!? They better! They've got one film that was recently completed, and I'm sure they are in the process of finishing up the other two films. Maybe once they are all done Lucasfilm will announce a theatrical re-release.
I would love to see a 4K version of George Lucas' original trilogy before he went in and messed with them. They could release it for its 40th anniversary!