Let it go (on)! The Walt Disney Co. today announced plans to make a sequel to the animated mega-hit Frozen. Bob Iger, Walt Disney chief executive, and John Lasseter, head of Walt Disney Animation Studios, joined in officially announcing Frozen 2 at the company's annual shareholders meeting in San Francisco. The sequel had been widely expected for a film that has become a juggernaut for Disney. Since its release in November 2013, Frozen has made nearly $1.3 billion globally at the box office, generated a massive merchandising revenue stream, and won the Academy Award for best animated feature.
Disney didn't announce any details on the sequel's plot or a release date, but said directors Jennifer Lee and Chris Buck will be returning. Josh Gad, the voice of the snowman Olaf, was on hand for the announcement and will be returning for the sequel. But no other returning characters were announced. (Before the sequel, you can see a Frozen short airing before Disney's live-action Cinderella, which opens tomorrow.)