Despite the denial by the first Frozen film's directors (Jennifer Lee and Chris Buck), it looks like Snow Queen Anna (Idina Menzel) was correct, there will be a sequel to the blockbuster animated film.
At the same shareholder meeting that they gave a few details on the upcoming Star Wars films, Walt Disney & Pixar Animation CCO John Lasseter, Disney chairman Bob Iger, and actor Josh Gad (Olaf in Frozen) made the announcement. Though a Frozen sequel is not a surprise, fans have the upcoming short 'Frozen Fever' to thank for the sequel says Lasseter:
“We enjoyed making ‘Frozen Fever’ so much and being back in that world with those characters”
“Jennifer Lee and Chris Buck have come up with a great idea for a sequel and you will be hearing a lot more about it and we’re taking you back to Arendelle. We are so excited about that.”
No release date or story details for the Frozen sequel were provided.