The BBC is reporting that Disney have announced a sequel to Monsters Inc.
The animated follow-up will be released on 16 November 2012, Disney chairman Rich Ross revealed.
Featuring the voices of Billy Crystal and John Goodman, Monsters Inc made more than $525m (£342m) worldwide.
It is not known if its director Pete Doctor - who went on to make the Oscar-winning Up - will direct its sequel.
I'm pretty excited for this. I know 2012 is a long way away, and there are no other details known, but Monsters Inc. is probably one of my favourite Pixar films and I think I can trust them not to screw it up.
The article also continues to say:
Another Pixar film, The Bear and the Bow, is to renamed Brave and have its release put back from December 2011 to 15 June 2012.
...which I think is a bit odd as they'll have two films coming out within the space of around five months.
What do you think, Pixar fans?