Walt Disney has announced plans to make a sequel to the animated mega-hit Frozen.

Since its release in November 2013, Frozen has become a juggernaut for Disney. It made nearly $1.3 billion at the global box office and generated a massive merchandising revenue stream. The film also won the Oscar for best animated feature. Because of that enormous success, a sequel has been widely expected.

Walt Disney chief executive Bob Iger says directors Chris Buck and Jennifer Lee will return for the sequel.

A Frozen short is to play before Disney’s latest release, Cinderella.

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