Allen dropped some hints about the Toy Story sequel in a recent interview on The Tonight Show and told the host Jimmy Fallon that he’s been contacted by Disney.

“Bob Iger, head of Disney, said it was on. He actually said it was going to happen. They have reached out to Tom and I to reprise the roles. They’re not saying anything about it,” said Allen.

Allen also revealed that he has been reluctant about returning as Buzz Lightyear because you must wonder if five movies are too many. He decided to come back because one of the original scribes is involved with the sequels, adding this could be “a very, very interesting way to reunite it.”

Upon its release in 2019, Toy Story 4 garnered critical acclaim and crossed the coveted $1 billion mark to become the highest-grossing film in the franchise. The sequel would serve as a potential revival of this franchise, which is yet to recover from the disappointing box office numbers of the polarizing spin-off Lightyear.

Iger announced the sequels during the Q1 earnings call, following some sour news about budget cuts and thousands of layoffs at Disney parks.

“I’m so pleased to announce that we have sequels in the works from our animation studios to some of our most popular franchises. We’ll have more to share about these productions soon, but this is a great example of how we’re leaning into our unrivaled brands and franchises,” said Iger.

Pixar’s Toy Story franchise earned Disney $3.03 billion at the global box office so far, with Toy Story 4 alone grossing $1.07 billion in 2019. The spinoff Lightyear was released in June last year, but it struggled to find the financial and critical success of the original franchise.

As for Frozen, the sequel to the original movie came out in 2019, grossing $1.45 billion. The sequel to Zootopia was a long time coming, and fans have been asking for it ever since this movie came out in 2016 and went on to win an Oscar for the best animated feature.

Allen dropped some hints about the Toy Story sequel in a recent interview on The Tonight Show and told the host Jimmy Fallon that he’s been contacted by Disney.

“Bob Iger, head of Disney, said it was on. He actually said it was going to happen. They have reached out to Tom and I to reprise the roles. They’re not saying anything about it,” said Allen.

Allen also revealed that he has been reluctant about returning as Buzz Lightyear because you must wonder if five movies are too many. He decided to come back because one of the original scribes is involved with the sequels, adding this could be “a very, very interesting way to reunite it.”

Upon its release in 2019, Toy Story 4 garnered critical acclaim and crossed the coveted $1 billion mark to become the highest-grossing film in the franchise. The sequel would serve as a potential revival of this franchise, which is yet to recover from the disappointing box office numbers of the polarizing spin-off Lightyear.

Iger announced the sequels during the Q1 earnings call, following some sour news about budget cuts and thousands of layoffs at Disney parks.

“I’m so pleased to announce that we have sequels in the works from our animation studios to some of our most popular franchises. We’ll have more to share about these productions soon, but this is a great example of how we’re leaning into our unrivaled brands and franchises,” said Iger.

Pixar’s Toy Story franchise earned Disney $3.03 billion at the global box office so far, with Toy Story 4 alone grossing $1.07 billion in 2019. The spinoff Lightyear was released in June last year, but it struggled to find the financial and critical success of the original franchise.

As for Frozen, the sequel to the original movie came out in 2019, grossing $1.45 billion. The sequel to Zootopia was a long time coming, and fans have been asking for it ever since this movie came out in 2016 and went on to win an Oscar for the best animated feature.