Animation studios Disney and Pixar are developing the film Coco 2, which is slated to be released in 2029, Disney's CEO Bob Iger has announced during the company's annual shareholder meeting.
The first Coco film won two Academy Awards for Best Animated Feature and Best Original Song for Remember Me.
It also won a Golden Globe for Best Animated Motion Picture and a BAFTA for Best Animated Film.
Coco tells the story of Miguel, a 12-year-old with dreams of becoming a musician despite his family's generations-old ban on music.
He ventures to the vibrant Land of the Dead to unlock the real story behind his family history.
Coco 2 will include the same directors of the first Coco film, Oscar-winning director Lee Unkrich and co-director Adrian Molina.

"While the film is just in the initial stages, we know it will be full of humour, heart, and adventure," Iger said about the animated sequel. "And we can't wait to share more soon."
The film will be produced by the Oscar-winning producer Mark Nielsen, who worked on Toy Story 4 and Inside Out.
Source: Reuters