Disney chairman Rich Ross has revealed plans for a Monsters inc sequel.
Released 2001, Monster Inc. is only the third Disney/Pixar property to have a sequel behind Toy Story and Cars, which has a Cars 2 in the works. Cars 2 was put into production due to the strong merchandise and spin-off royalties it brought to the studio.
In related news, the studio has also announced that we can expect their next film project, Brave, on June 15, 2012; making two Pixar movies that year. Starring Reese Witherspoon, Brave tells the story of an impulsive princess (Witherspoon) who aims to shed her royal ties and become the world’s first, great female archer. Writer/director Brenda Chapman (Cars) is behind the project.