Animation studios Disney and Pixar are developing the film “Coco 2", which is slated to release in 2029, Disney’s CEO Bob Iger announced during the company’s annual shareholder meeting on Thursday. The first “Coco” film won two Academy Awards for best animated feature and best original song for "Remember Me.

Pixar has confirmed that “Coco 2” is in development, with a theatrical release set for 2029. The announcement was made by Disney CEO Bob Iger during the company’s annual shareholder meeting.

"Coco 2" is officially in the works at Pixar. The follow-up to the hit animated film "Coco" is in development and set to re-unite the two directors behind the massively popular 2017 movie. Disney CEO Bob Iger announced the development of the new film during The Walt Disney Company's annual shareholders meeting on Thursday.