On Wednesday, Disney CEO Bob Iger announced during a conference call that some animated films will continue. The studio is said to be already working on the developments for "Frozen", "Toy Story" and "Zoomania".
Elsa, Buzz Lightyear and Judy Hopps are making a return: fans of the popular characters have every reason to be happy because there will be more from Disney. This was announced by Bob Iger, CEO of the American media company, at a meeting with investors, as reported by "Entertainment Weekly".
The blockbusters "Frozen", "Toy Story" and "Zoomania" will be continued. "We'll be sharing more about these productions soon," Iger said, adding that the films are a great example of how Disney relies on franchises and successful brands.
It's not too surprising that the animated films will continue: "Frozen" is one of the most successful Disney productions and grossed 1.276 billion US dollars worldwide. It is the highest-grossing film of 2013 and ranks first among Walt Disney Animation Studios' highest-grossing films, ahead of "Zoomania" and "The Lion King".
"Zoomania" grossed $1.025 billion and became a spin-off series on Disney+. In 2017 it was awarded an Oscar for "Best Animated Film". The films from the "Toy Story" universe were also a great success, with the third and fourth parts of the series each grossing more than one billion US dollars.
Despite good quarterly results, Iger also announced that Disney is cutting 7,000 jobs to achieve $5.5 billion in savings. In addition, an attraction to James Cameron's "Avatar" is to be created at Disneyland in Anaheim, California.
