It’s been a very unexpected day from Walt Disney Pictures.

First, Lucasfilm (which they own) announced the official title for the next Star Wars movie - The Force Awakens.

Then, earlier this evening, Pixar surprised us all by announcing…

…Toy Story 4.

That’s right - in Summer 2017, seven years after the remarkable third installment of the Toy Story series (which perhaps is the only great “threequel"), former Pixar head and current Walt Disney Animation Studios head John Lasseter (Toy Story, Toy Story 2, Cars) returns to the directors chair and brings us a fourth adventure starring Woody and Buzz.

Described as a “love story", the story was drummed up by Lassister and fellow Pixar veterans Andrew Stanton (Finding Nemo), Pete Docter (Up) and Lee Unkrich (Toy Story 3) and the script will be written by the surprising duo of Will McCormack and Rashida Jones. Yes, as in Parks and Recreation actress Rashida Jones. They last teamed as the script writers for the indie-flick Celeste And Jesse Forever.

Disney’s official fan site, D23 has the full story, including this key quote from Lasseter:

“We love these characters so much; they are like family to us," Lasseter said. “We don’t want to do anything with them unless it lives up to or surpasses what’s gone before. Toy Story 3 ended Woody and Buzz’s story with Andy so perfectly that for a long time, we never even talked about doing another Toy Story movie. But when Andrew, Pete, Lee, and I came up with this new idea, I just could not stop thinking about it. It was so exciting to me, I knew we had to make this movie—and I wanted to direct it myself."

I have to admit - I doubted the possible quality of Toy Story 3 and we ended up with one of the most emotional films of all time.  Don’t make me regret believing in you, guys.

Can Pixar bring back the magic? Or is this another instance of sequelitis? We’ll find out when Toy Story 4 hits theaters on June 16, 2017