Speculation of Disney/Pixar developing "Monsters, Inc. 2" could be a true one after all. According to Jim Hill Media, the studio have unraveled to buyers in attendance at Licensing International Expo 2009 about their plan in following up their recent hit animation "Up" with another "Monsters, Inc." movie .
Revealing that the information should have been a confidential one since the buyers were first sworn to secrecy by Disney officials, Hill claimed that several of them reached out to him to share the news. They furthermore suggested that "Up" director Pete Docter will be involved in the sequel project. Still, details on few other details have yet to be disclosed.
Rumors of "Monsters, Inc." sequel being in development have been flying in the air for quite sometime now. Back in 2008, Docter has told MTV News at the 2008 San Diego Comic Con that Pixar are indeed thinking of making a sequel. "We've thought about it. We've got a couple ideas," the script writer of "Wall-E" confessed.
Released on November 2, 2001, "Monsters, Inc." itself centers its story on the #1 scarer at Monstropolis' power company, James P. "Sulley" Sullivan (John Goodman) and his partner Mike Wazowski (Billy Crystal). Being role models to the others on the world of monsters, the two get into trouble when a human toddler accidentally comes into their world. Having to avoid problems with the higher authorities, they now have to find a way home for the toddler.
On another Disney's movie news, Jim Hill reported that "Pirates of Caribbean 4" will no longer see a Holiday 2011 release. Instead, the fourth of the "Pirates of Caribbean" series has been bumped to summer 2012.