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Disney eyes big-screen ‘Toy Story 3’ release

Disney studio chief Dick Cook said on Friday he was leaning toward making the third installment of “Toy Story,” Pixar’s 1995 box office hit, a feature movie rather than a straight-to-home video project. “Pixar and Disney plan to part ways after two more films together, but Disney retains the rights to make the sequels to the movies they have already produced, including the two ‘Toy Story’ movies,” reports Reuters. “Pixar, which has said sequel rights were a sore point that helped torpedo contract extension talks, could take part in “Toy Story 3″ but has said it was unlikely to do so. Cook said that no decision had been made and that the movie was a few years or more away.”

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