Disney CEO, Bob Iger, made a highly anticipated announcement during the company’s Q1 earnings call today. He revealed that Disney is working on sequels to some of its most successful franchises, including Frozen 2, Toy Story 4, and Zootopia. The CEO expressed his excitement about the upcoming projects and stated that the company is leveraging its strong brand and franchises to bring more joy to audiences worldwide.
It comes as no surprise that Disney is working on sequels for these franchises, considering their massive success. All three previous films, Frozen 2, Toy Story 4, and Zootopia, were nominated for Academy Awards and generated over $1 billion each in box office revenue. The popularity of these franchises makes it a smart move for Disney to continue their stories and keep the fans engaged.
In contrast, Disney’s recent original film, Strange World, performed much lower than expectations, grossing less than $74 million globally in theaters. With the new cost-cutting measures in place, it makes sense for the company to focus on its profitable and critically acclaimed franchises for new sequels.
Iger mentioned that the company will have more to share about these productions soon and fans of the franchises are already eager to know what’s in store. The announcement of these sequels has created a buzz in the entertainment industry and fans are excited to see their beloved characters back on the big screen.
What are your thoughts on Disney announcing ‘FROZEN 3’, ‘ZOOTOPIA 2’ and ‘TOY STORY 5’… pic.twitter.com/z2zMKHrLTc
— DiscussingFilm (@DiscussingFilm) February 8, 2023