Disney announces a sequel to 'Frozen' - the highest-grossing animated movie of all time

Disney

A "Frozen" sequel is definitely happening.

Disney announced "Frozen 2" is in the works. 

Variety reported the news. 

The 2013 movie has grossed over $1.2 billion at theaters, making it the highest-grossing animated picture of all time.

"Frozen" writer and director Jennifer Lee immediately took to Twitter after the news was released.

Both Lee and Chris Buck will return to direct.

A short, "Frozen Fever" will debut in theaters exclusively in front of Disney's live-action "Cinderella" this weekend.

More to come ...

Here's the official press announcement from Disney:

Winter weather ahead! Frozen 2 is officially in development at Walt Disney Animation Studios with directors Chris Buck and Jennifer Lee and producer Peter Del Vecho, the Oscar®-winning filmmaking team behind Frozen.

The news was announced at Disney's Annual Meeting of Shareholders this morning by Bob Iger, Chairman and Chief Executive Officer of The Walt Disney Company; John Lasseter, Chief Creative Officer of Walt Disney and Pixar Animation Studios; and actor Josh Gad, who provides the voice of Olaf from Frozen.

"We enjoyed making Frozen Fever so much and being back in that world with those characters," said John Lasseter. "Jennifer Lee and Chris Buck have come up with a great idea for a sequel and you will be hearing a lot more about it and we're taking you back to Arendelle. We are so excited about that." 

A release date and production details are yet to be announced.