Toy Story 4 On The Way
Toy Story 4 is a go as a release date and director have been announced.
Toy Story 4 will be directed by John Lasseter, who directed the first two, and the film has been given a June 16, 2017 release date.
Disney CEO Bob Iger announced the news in a company's earnings call.
The fourth movie of the franchise will come seven years after Toy Story 3, which in 2010 netted $1.06 billion.
Lasseter, winner of two Academy awards, is also known for A Bug's Life and is the chief creative officer of Pixar Animation Studios.
Update: Disney released further info:
Toy Story 4 will be written by Rashida Jones and Will McCormack, with the story from John Lasseter along with fellow "Toy Story" creators Andrew Stanton, Pete Docter and Lee Unkrich.
"We love these characters so much; they are like family to us," John Lasseter said in a statement. "We don't want to do anything with them unless it lives up to or surpasses what’s gone before. 'Toy Story 3' ended Woody and Buzz's story with Andy so perfectly that for a long time, we never even talked about doing another 'Toy Story' movie. But when Andrew, Pete, Lee and I came up with this new idea, I just could not stop thinking about it. It was so exciting to me, I knew we had to make this movie -- and I wanted to direct it myself."