Woody and Buzz Lightyear Are Returning for 'Toy Story 5'

With Toy Story 5 officially in the works, Pixar's Peter Docter has also confirmed that franchise staples Woody and Buzz Lightyear will be returning for the next installment.

The news was announced in a recent interview with Variety, however the creative chief officer did not reveal any additional details, such as whether they will continue to be the focus of the film or if they are only returning in a limited capacity. "We have another 'Toy Story,' so Woody and Buzz are back," Docter shared as he touched on Pixar's existing and established franchise versus newer titles. "And we have a few other projects, but it’s always a balance."

It remains to be seen whether Tim Allen and Tom Hanks will reprise their roles as the voices of Buzz and Woody.

"Right now, the world seems to want the comfort of what they know, which is sequels, and movies based on things like comic books or video games. But all of these things were original at one point. I think it’s essential for us to develop new original stories, which are harder to publicize, harder to get people excited to go see them. But I think audiences deserve it. They want to find that surprise, along with the comfort of the expectation," Docter further stated. "We have our share of sequels in the works. We’re doing a sequel to 'Inside Out,' so you get to go back inside the mind of Joy and Sadness."

Stay tuned for more info on Toy Story 5.

Elsewhere in entertainment, watch the official trailer for Dumb Money starring Paul Dano.