Walt Disney Animation Studios is developing a sequel to FROZEN.

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It’s of-f-f-f-f-icial: “Frozen 2” is 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.” A release date and production details are on ice for now.

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