Disney and Pixar’s ‘Coco 2’, a follow-up to the 2017 Academy Award-winning feature film ‘Coco’, is in the works at Pixar Animation Studios. The announcement was made by Disney CEO Bob Iger of shareholders earlier in the week.

“While the film is just in the initial stages, we know it will be full of humour, heart and adventure,” said Iger, “And we can’t wait to share more soon.”

According to a statement from The Walt Disney Company, ‘Coco2’ reunites the team behind the original film, including director Lee Unkrich (‘Coco’, ‘Toy Story3’) and co-director Adrian Molina. Oscar-winning producer Mark Nielsen will produce the sequel.

Disney and Pixar’s ‘Coco’ introduced Miguel, a 12-year-old who dreamed of becoming a musician despite his family’s generations-old ban on music, who ventures to the vibrant Land of the Dead to unlock the real story behind his family history.

‘Coco’ won two Oscars for best animated feature and best original song (‘Remember Me’). The film also won a Golden Globe for best motion picture–animated, a BAFTA for best animated film, and critics’ choice awards for best animated feature and best song.