'Toy Story 4' Announced

Disney Chairman and CEO Bob Iger announced today that Toy Story 4 is in the initial planning stages and will be coming to the big screen in the future.

Iger also announced that Toy Story and Toy Story 2 director John Lasseter will be returning to direct Toy Story 4. Toy Story 3 was directed by Lee Unkrich.

The Toy Story trilogy has been Disney and Pixar's most successful franchise with the three movies grossing more than $1.9 billion worldwide at the box office and has reached widespread critical acclaim among audiences and critics alike.

Toy Story 4 is has been set for release in 2017.