The Hollywood Reporter indicates Walt Disney Studios is actively moving ahead with its long-in-discussion sequel to Pixar Animation’s two Toy Story movies.
Disney is in the process of setting up a digital animation facility in Glendale, not all that far from DreamWorks Animation’s digs, that will be used for the production of Toy Story 3. The project falls under the reins of David Stainton, president of Walt Disney Feature Animation.
Now that the studio is actively beginning the project could make it more difficult for it to resume negotiations with Pixar CEO Steve Jobs to extend Pixar’s relationship with Disney which expires next year with the release of John Lasseter’s Cars. Disney holds the rights to do sequels to Toy Story.
Credit: Darkhorizons.com