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While Lucasfilm always strived to keep the stories created for the EU consistent with our film and television content as well as internally consistent, Lucas always made it clear that he was not beholden to the EU. He set the films he created as the canon. This includes the six Star Wars episodes, and the many hours of content he developed and produced in Star Wars: The Clone Wars. These stories are the immovable objects of Star Wars history, the characters and events to which all other tales must align.
Now, with an exciting future filled with new cinematic installments of Star Wars, all aspects of Star Wars storytelling moving forward will be connected. Under Lucasfilm President Kathleen Kennedy's direction, the company for the first time ever has formed a story group to oversee and coordinate all Star Wars creative development.
"We have an unprecedented slate of new Star Wars entertainment on the horizon," said Kennedy. "We're set to bring Star Wars back to the big screen, and continue the adventure through games, books, comics, and new formats that are just emerging. This future of interconnected storytelling will allow fans to explore this galaxy in deeper ways than ever before."
In order to give maximum creative freedom to the filmmakers and also preserve an element of surprise and discovery for the audience, Star Wars Episodes VII-IX will not tell the same story told in the post-Return of the Jedi Expanded Universe. While the universe that readers knew is changing, it is not being discarded. Creators of new Star Wars entertainment have full access to the rich content of the Expanded Universe.
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Full press release here.
TL;DR: All new EU material made from now on will be 100% part of the main SW canon. Old EU fiction will remain in print, just with a "Legends" banner on their covers.
This sounds like a good idea overall. Still, I get why some might be upset over this (the comments on the official Facebook post of this news has plenty of examples
