Disney confirms Monsters Inc sequel
A Monsters Inc sequel has been confirmed.
At a briefing at The Walt Disney Company headquarters, studios chairman Rich Ross said the movie will hit cinemas in November 2012.
The original 2001 film, directed by Pete Docter, grossed 529 million dollars worldwide.
Ross also revealed the studio was about to give the go-ahead to a new Muppets movie which will introduce a new character named Walter.
"He's in felt and fur rehab now as we build him," Ross said.
It was not clear when the movie would be released. But he said there will be plenty of cameos, as with all Muppet movies.
James Bobin, the creator of The Flight Of The Conchords TV series, is set to direct.
The announcements were among several made during a presentation of the studio's upcoming slate of films. Disney is in the midst of selling off its Miramax Films division as it focuses on family-oriented fare from Marvel, Pixar, its own studio and Steven Spielberg's DreamWorks unit.
Among other future films is a retelling of the Winnie The Pooh story using hand-drawn animation; a Tim Burton-led stop-motion animation movie called Frankenweenie about a boy's revival of his lost dog; and another Pixar movie called John Carter Of Mars about a man who goes through a portal to the red planet as imagined by author Edgar Rice Burroughs.
Wall-E writer Andrew Stanton of Pixar has been tapped to handle the otherworldly live action picture starring Taylor Kitsch. The movie is set to hit theatres in 2012.