Disney announces Frozen 2

During a meeting with shareholders, Disney chairman Bob Iger revealed that Frozen 2 is formally in the works.

Iger was joined in the announcement by chief creative officer John Lasseter and Josh Gad, who voiced Olaf the snowman in Frozen.

Details on Frozen 2 are scarce, but anyone craving a faster return to Arendelle can see the Frozen short film "Frozen Fever" in theaters this weekend.

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