Disney will also re-release several other Disney films, such as the first The Incredibles in 3D.
In a company shareholders meeting yesterday, Disney CEO Bob Iger announced that Pixar is producing a third installment of Cars and a sequel to The Incredibles.
The Incredibles earned $631 million in 2004 and won Oscars for Best Animated Feature and Best Sound Editing. In the film, a family of superheroes hide their powers and try to live a normal life. The family, called "The Incredibles," are drawn into a battle with someone from Mr. Incredible's past. The Incredibles director Brad Bird is writing the sequel.
Cars was not as successful as The Incredibles, earning $461 million in 2006. The sequel Cars 2 was a bigger financial hit, earning $560 million in 2011; however, the film was a disappointment with critics. Regardless, the franchise's merchandise, toys, and apparel has sold millions and helped spin off a new franchise called Planes. Cars also has its own theme park, Cars Land.
In addition, Disney will re-release The Incredibles and Ratatouille in 3D similar to how it reformatted Pixar's Toy Story, Toy Story 2, Monsters Inc. and Finding Nemo.
Where Disney and Pixar will take the two franchises is up in the air, but a film focusing on Dash, Violet, and Jack-Jack, the Incredibles children, would be a nice follow-up to the first Incredibles' story focusing on Bob's mid-life crisis and duties as a father. Hopefully we'll catch some more of Bob's friend and partner, Frozone.
No Pixar films will see theatrical releases this year, but 2015 will see new Pixar film, Inside Out, which will take place inside the mind of a young girl, and 2016's Finding Dory will be the sequel to Finding Nemo.