Not shocking: Frozen 2 is officially in the works. Will it be theatrical or straight to video? Will it contain a hit song that becomes woven into the cultural DNA of a generation? Does it even matter, because we already know that this movie in any form will rake in eleventy billion dollars?

Here's the press release in full, provided with the image above:

It's of-f-f-f-f-icial: "Frozen 2" is 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." A release date and production details are on ice for now.

So, the sun-loving snowman is back. That's something, because he was the funniest part of the first movie. It's also worth noting that if Frozen 2 gets a theatrical release, it'll be one of few Walt Disney Animation Studios sequels to do so (unlike Pixar, which has Toy Story 4 in the works, etc.), joining Winnie The Pooh, Fantasia 2000, and The Rescuers Down Under.

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