Is Disney making ‘Toy Story 5′?

Fans of the ‘Toy Story’ franchise will be delighted to know that Disney will once again reunite Woody, Buzz and the rest of the gang following word that ‘Toy Story 5′ is in development.

The announcement was made by Disney CEO Bob Iger during an earnings call on Wednesday.

Along with ‘Toy Story’, Iger told investors that more instalments of ‘Frozen’ and ‘Zootopia’ are also in the works.

“We’ll have more to share about these productions soon, but this is a great example of how we’re leaning into our unrivaled brands and franchises,” said Iger.

‘Toy Story’ has been a huge hit for Disney

Since the release of ‘Toy Story’ back in 1995, the franchise has proven to be a homerun for Disney.

The franchise stars a group of lovable toys - including Tim Allen’s Buzz Lightyear and Tom Hanks’ Sheriff Woody - that are owned by Andy Davis (voiced by John Morris).

The movie spawned three sequels - Toy Story 2 (1999), Toy Story 3 (2010) and Toy Story 4 (2019). The franchise has grossed more than $3.3 billion at the global box office, making it one of Disney’s biggest animated series.

‘Frozen’ and ‘Zootopia’ sequels

As for the ‘Frozen’ franchise, the first movie pulled in $1.2 billion, while the sequel, led by Kristen Bell and Idina Menzel, hit even bigger heights, earning $1.4 billion.

‘Frozen 2′ even received an Academy Award nomination in 2020 for Best Original Song with ‘Into the Unknown’.

As for ‘Zootopia’, a sequel to the 2016 animated buddy cop action film has been talked about for years. Ginnifer Goodwin and Jason Bateman starred in the film that earned a worldwide gross of over $1 billion dollars, enough to put it fourth on the list of highest-grossing films of 2016.

Iger also revealed an ‘Avatar’ experience

The earning’s call was Iger’s first since returning to his CEO role following Bob Chapek’s departure.

On the call, he also announced that Disneyland in Anaheim, California will now be home to an ‘Avatar’ experience, though no more details about the new experience were released.

Disneyland in Orlando, Florida is already home to ‘Pandora - The World of Avatar’.