Tim Allen Says Disney Has ‘Reached Out’ to Him and Tom Hanks to Reprise Buzz and Woody in New ‘Toy Story’ Movie: ‘Is Five Going to Be Too Much?’

variety.com:

Zack Sharf Digital News Director Disney CEO Bob Iger announced in February that a new “Toy Story” movie was in development along with new installments in the “Frozen” and “Zootopia” franchises.

No further details were provided at the time, but it appears the new “Toy Story” movie will not be another tangentially-related spinoff like “Lightyear” but a return to the core story centered on Woody and Buzz Lightyear.

Tim Allen appeared on “The Tonight Show” ahead of Thanksgiving and confirmed both he and Tom Hanks have been contacted by Disney for what sounds like “Toy Story 5.” The actor said “one of the creators of the original series” is behind the film’s script, although he wouldn’t reveal who at this time. “Bob Iger, head of Disney, said it was on and actually said it was going to happen,” Allen said. “They have reached out to Tom and I to reprise the roles.

They’re not saying anything about it…You wonder if four was too many. Is five going to be too much?” Allen added, “According to the scuttlebutt, the writer that’s doing it wrote one of the better ones and said, ‘If I didn’t get this write, I wouldn’t do it.’ It could be a very, very interesting way to reunite it.” “Toy Story 4” opened in theaters in 2019 to rave reviews and over $1 billion at the worldwide box office.