Toy Story 4 will be hitting cinemas in 2017, Pixar Animation Studios and Disney has revealed.
Tom Hanks and Tim Allen will reprise their roles as the cowboy Woody and the space explorer Buzz Lightyear in the fourth instalment of the movie franchise.
John Lasseter will also return to direct the animated movie, scheduled for release on June 16th, 2017.
Walt Disney Company chief, Bob Iger announced the movie plans to Wall Street analysts in a discussion about the company’s successful fourth quarter and fiscal year results yesterday.
According to the studio, Toy Story 4 will open a new chapter in the lives of Woody, Buzz Lightyear and the Toy Story gang, with Lasseter having come up with the idea for the fourth movie.
“We love these characters so much, they are like family to us,” said Lasseter 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 movie.
“But when Andrew, Pete and I came up with this new idea, I just could not stop thinking about it. It was so exciting to me.”
The release of the new movie will mark seven years since the release of Toy Story 3, which grossed almost $1.1bn at the worldwide box office.