Disney is doubling down on its animation franchises.
Disney CEO Bob Iger joked that Toy Story is making more installments , Frozen and Zootopia . During Wednesday’s earnings call, Iger told investors that these future films are an example of “where we’re leaning into our unparalleled brand.” Throughout the call, he repeatedly stressed the importance of curating the company’s big brands and franchises.
He did not provide further details about the creative team involved in the development process.
Toy Story , voiced by Tom Hanks and Tim Allen, has had four major installments dating back to 1995, where Toy Story 4 broke $1 billion at the 2013 box office. Last year, the Chris Evans spin-off film Lightyear had an underwhelming opening.
Frozen 2 is flying at 2013 Up high, $1.4 billion in revenue, including 2013 $1.2 billion in the first installment. Kristen Bell and Idina Menzel star. The film grossed over $1 billion at the box office. Gennifer Goodwin and Jason Bateman provided the original voices.
Following Pixar Lightyear, Disney is set to revive its animation business. ) and Disney Animation Strange World did not perform well last year. The studio is bullish on its upcoming 2019 features, including Pixar’s Elemental, which will Released in June 22 and Disney Animation’s Wish, released in November .
Wednesday’s earnings call was Iger’s first since returning to the CEO role late last year following the ouster of Bob Chapek. During the conference call, Iger laid out his new organizational structure for the company and revealed that 7, As part of the plan, employees will be laid off.
Iger also revealed that Disneyland in Anaheim, CA will be home to the Avatar experience. Disney already owns Pandora-Avatar World at Disney World in Orlando, Florida. Iger didn’t reveal more details about the new Disneyland experience, but touted Avatar: Way of Water as having grossed more than $2.1 billion since its debut in December, making it the The fourth best movie of all time.
