This from Animated News...
Quote:
Toy Story 3 cancelled?
At the Animated-News Forum, 'ShyVoilet' points to a new post at Animation Nation, where word comes that John Lasseter and Ed Catmull announced to Walt Disney Feature Animation employees today that production on Toy Story 3 has ended. "They said that sequels should only be made if there is a really great story that demands it, and should be the domain of those who created the original film. In other words, if Pixar wants to make a sequel to its films, it will. If Disney Feature wants to make a sequel to its film, it will. But the two will not cross," writes the post's author. Fortunately, Lasseter and Catmull are still interested in the artists of Disney's Circle 7 Animation and will try to find ways to use their talents.
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Source:
Animated-News.com
Sounds good to me. It also sounds like the folks at PIXAR are going to keep up the standard of their previous pictures in all up coming pictures. Good news.