If you were dreaming of a sequel to Frozen, don't let it go (despite recent reports that it wasn't happening). In addition to dropping some big news about Star Wars Episode VIII, Disney also announced Thursday during a call with investors that there will be a Frozen 2. No further details are known at this time except that directors Chris Buck and Jennifer Lee will both be returning to develop the sequel, and that Josh Gad will also be returning in the role of Olaf.

frozen-idina-menzel
Image via Walt Disney Studios Motion Pictures

Here's the full press release from Disney:

Winter weather ahead! Frozen 2 is officially 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.

 

“We enjoyed making Frozen Fever so much and being back in that world with those characters,” said John Lasseter. “Jennifer Lee and Chris Buck have come up with a great idea for a sequel and you will be hearing a lot more about it and we’re taking you back to Arendelle. We are so excited about that.”

 

A release date and production details are yet to be announced.

In the meantime, check out the trailer for Frozen Fever, which will be in theaters March 13th, screening before Cinderella.

In “Frozen Fever,” it’s Anna’s birthday and Elsa and Kristoff are determined to give her the best celebration ever, but when Elsa catches a cold, her powers may put more than just the party at risk.

frozen-olaf
Image via Disney