Bob Iger, CEO of Disney, announced that some of the most popular Disney animated films will be getting sequels. Zootopia 2, Frozen 3, and Toy Story 5 are all in development, according to Iger's statement on an investor call. He emphasized that Disney is tapping into its successful and well-known brands to drive growth.
Toy Story, a beloved animated franchise, has been a leader in the industry since its first film was released in 1995. With its sophisticated storytelling, cutting-edge animation technology, and exceptional voice acting, the franchise has continued to impress audiences and earn critical acclaim. The most recent installment, Toy Story 4, which hit theaters in 2019, was a massive success, bringing in over $1 billion at the box office.
Frozen, another highly successful franchise, has also received critical and commercial success. Frozen II, which was released in 2019 and starred Kristen Bell and Idina Menzel, earned over $1.4 billion at the box office.
Zootopia, released in 2016, received critical acclaim and earned over $1 billion at the box office with a cast led by Jason Bateman and Gennifer Goodwin.
Disney is looking to revisit successful franchises while also introducing new titles, such as the upcoming Pixar film Elemental set to release on June 16 and Disney Animation's Wish set to release on November 22.
Additionally, Iger announced that a new Avatar experience is coming to Disneyland in Anaheim, California. This will be Disney's second Avatar-related world, with The World of Avatar already operating at Disney World in Orlando, Florida.