The adventures of Woody and Buzz Lightyear are not over yet, according to Disney CEO Bob Iger during an earnings review on Thursday.
The official site D23.com confirmed the announcement to fans across the globe.
The film will release June 16, 2017 with John Lasseter, the man who directed the landmark first film, set to return to the helm.
“We love these characters so much; they are like family to us,” 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 [Stanton], Pete [Docter], Lee [Unkrich], 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.”
The original Toy Story made Pixar Animation Studios a household name by creating the first feature-length computer-animated film. The trilogy would go on to become one of the most recognized in film history, with multiple awards, critical acclaim, and countless licensing deals for its heroes Woody and Buzz Lightyear.
No other details for casting or story were given, though a return for Tom Hanks and Tim Allen would seem likely. Rashida Jones and Will McCormack head a writing team under veteran producer Galyn Susman.