Disney
feeds 'Frozen' frenzy with news of sequel
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[March 13, 2015]
By Lisa Richwine
LOS ANGELES (Reuters) - The
Walt Disney Co has started work on a sequel to "Frozen,"
the best-selling animated movie of all time and a global
merchandising phenomenon that helped push the media
giant to record profits.
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Directors Chris Buck and Jennifer Lee are returning for the
sequel, Disney said on Thursday. No release date was set for the
follow-up to "Frozen", a surprise smash in 2013 that brought in
nearly $1.3 billion in global ticket sales.
Disney also said it will release the eighth episode in the "Star
Wars" sci-fi film series on May 26, 2017. A spinoff film called
"Rogue One" debuts on Dec. 16, 2016, shortly after the release
of highly anticipated seventh episode, "Star Wars: The Force
Awakens."
The company made the announcements at its annual shareholder
meeting in San Francisco, where investors re-elected 10 board
members including Chief Executive Bob Iger and defeated a
proposal to split the roles of CEO and chairman.
The news of a "Frozen" sequel comes hours before short film
"Frozen Fever" opens for Disney's live-action "Cinderella"
movie, which debuts Friday.
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"We enjoyed making 'Frozen Fever' so much and being back in that
world with those characters," said John Lasseter, chief creative
officer for Walt Disney Animation Studios and Pixar Animation
Studios. "Jennifer Lee and Chris Buck have come up with a great
idea for a sequel."
Lasseter spoke alongside Josh Gad, who provided the voice of the
snowman Olaf in "Frozen." Iger said Olaf will appear in the
second film.
"Frozen" tells the story of two royal sisters, Anna and Elsa, in
an icy Nordic kingdom. Kristen Bell voices Anna, and Idina
Menzel is Elsa.
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On "Star Wars," Iger said "Rogue One" will star Oscar best actress
nominee Felicity Jones. British director Gareth Edwards, who did the
"Godzilla" remake, had previously been announced as director of the
spin-off.
"Star Wars: The Force Awakens" is one of the most anticipated films
of the year, directed by J.J. Abrams and starring returning
franchise stars Harrison Ford and Carrie Fisher and newcomers Oscar
Isaac and Lupita Nyong'o.
Two shareholder proposals were rejected at the meeting, according to
preliminary tallies. One would have required that future CEOs be
prevented from also holding the title of chairman, as Iger does now.
A second proposal would have placed limits on accelerated executive
pay.
Disney shares rose 3.9 percent to $106.78 on the New York Stock
Exchange and are up 25 percent in the past year.
(Editing by Mary Milliken and David Gregorio)
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