DISNEY has confirmed that there will be a follow up to the hugely popular Oscar-winning children's film Frozen.
John Lasseter, the chief executive of Walt Disney Animation Studios, made the announcement at the company's annual shareholders meeting in San Francisco, California.
Since its US release in November 2013, Frozen has made nearly $1.3 billion (£900m) at the global box office alone, and generated a massive merchandising revenue stream.
As well as making big bucks, the film also received prestigious industry recognition when it received Oscars for Best Animated Feature and Best Song for 'Let It Go'.
Actor Josh Gad is going to return to play Olaf, Huffington Post reported.
And while no release date or production details were made public, Walt Disney chief executive Bob Iger said directors Chris Buck and Jennifer Lee will return for the sequel.
It was also announced that a Frozen short is to play in front of Disney's latest release, Cinderella.
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