Toy Story 4 confirmed for 2017

Disney CEO, Bob Iger, confirmed today via an investor call today that Disney and Pixar will release a fourth Toy Story film in 2017. John Lasseter will return to direct as will Tom Hanks and Tim Allen. And, naturally, the film will be released in 3D.

This isn't necessarily unexpected as Toy Story 3 was dynamite and kickstarted the franchise a bit. We have had Toy Story short films since Toy Story 3 and a fourth film has been rumored for a year or two already.
I personally find this somewhat disappointing because I think Pixar is turning into sequel territory and it's unfortunate. We have Inside Out and The Good Dinosaur coming up, but we also have Finding Dory and announced sequels for The Incredibles as well as a third Cars film. I don't like it. Pixar is best with original stories.