Bob Iger, Disney’s newly reinstated CEO, shared on the company’s earning call yesterday that they’re “leaning into [their] unrivaled brands” and developing additional sequels to Frozen, Toy Story, and Zootopia.
During the call (via The Hollywood Reporter), Iger emphasized that Disney would continue to develop and “curate” the brands that have made them billions of dollars. Iger didn’t share any details for the three sequels mentioned above, so we’re still in the dark as to who will be running them or when they’ll be coming out.
Greenlighting sequels to all three, however, is far from surprising given how the previous films fared. 2013’s Frozen earned $1.3 billion worldwide and its 2019 sequel banked $1.5 billion. And while last year’s Lightyear didn’t do well at the box office, the last two main Toy Story features have made over $1 billion, with 2016’s Zootopia also breaking that milestone.
This news was only part of the call, which saw Iger completely restructure the company and issue 7,000 layoffs. He also announced that an Avatar attraction would be heading to Anaheim’s Disneyland, and touted that Avatar: The Way of Water has currently made $2.1 billion worldwide, making it the fourth highest grossing movie of all time (and which all but guarantees we’ll see many, many more Avatars in the future). (ed. note: so should I learn that whale’s name, or…?]
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