Disney announces Frozen sequel
Disney has announced it will produce a sequel to its runaway hit Frozen, which last year became the highest-grossing animated film of all time.
The Oscar-winning picture made $1.27bn (£857m) at box offices worldwide, and led to record sales of related merchandise.
Frozen 2 will reunite the team behind the original feature, including director Chris Buck, writer Jennifer Lee and producer Peter Del Vecho.
The studio did not name a release date.
Shares in parent company Walt Disney were up by almost 4% following the news.
Toy-maker Mattel, which currently owns the license to sell Frozen products, saw its shares rise by almost 5%.
Last month, Disney credited the continuing success of toys based on Frozen for an "incredibly strong quarter".
Net income rose 19% to $2.2bn (£1.5bn) in the three-month period, with revenues up 9% to $13.4bn - both figures better than forecast.
In December, Frozen became iTunes' biggest-selling movie of all time, while the soundtrack sold more than any other album in the US in 2014.
Additionally, DVD and Blu-ray sales of the animation broke the three million mark on the first day of their release.
|Highest-grossing animated films|
|Toy Story 3||$1.1bn|
|The Lion King||$988m|
|Despicable Me 2||$971m|