Disney has set forthcoming sequels for hit animated movies “Frozen,” “Toy Story” and “Zootopia,” with CEO Bob Iger making the announcement during the company’s first-quarter earnings call. Details on the projects are yet to come.
The subsequent films will mark the third installment in the “Frozen” universe, a fifth edition in the “Toy Story” franchise and the second “Zootopia” movie. Given the surprise announcement, plot details, as well as the creatives and stars attached, are to be announced at a later date.
The news comes amid a round of huge layoffs at the embattled company, which will let go of 7,000 employees, or roughly 3% of its workforce, as the media behemoth looks to cut $5.5