When we last saw Woody and the troop of toys, Andy had moved off to college, giving away his toys to a neighbor. That was the end of “Toy Story 3,” the conclusion to a 15-year, critically acclaimed movie trilogy- or so we thought. On Nov. 6, it was spontaneously announced that, after what will be seven years since the release of the third movie, Pixar and Disney will be releasing “Toy Story 4” in June 2017. John Lasseter, director of the first two “Toy Story” movies and chief creative officer at Pixar Studios, is slated to direct the fourth film.

This movie will be huge for the company. While Disney mega-hit “Frozen” currently holds the title of the highest-grossing animated film of all time, the movie-musical only recently beat out “Toy Story 3,” which held the title for three consecutive years, by a mere 0.2 billion dollars. “Toy Story 3” ended up winning both the Academy Award and the Golden Globe for Best Animated Feature in 2010 and was largely successful among new and young fans of the franchise.

While 2017 seems miles away, Pixar and Disney plan to tide fans over with upcoming movies such as “Inside Out,” “The Good Dinosaur” and “Finding Dory,” the much anticipated sequel to Pixar’s other monster hit, “Finding Nemo.” The sure to be blockbuster will be here in no time.