With Pixar’s “Up” claiming first place at the box office in its second weekend -- it’s just behind “Star Trek” in terms of the highest two-week tally for 2009 -- congratulations are in order for the film’s director, Pete Docter. Instead of kudos, Docter and his next project are making headlines today: a sequel to his first Pixar feature, “Monsters Inc.” Speculative rumors of a “Monsters Inc. 2” have been floating around for awhile, but we're now one step closer to official confirmation thanks to Disney expert Jim Hill.

In his coverage of Licensing International Expo 2009, Hill reports that licensing buyers were told of the sequel, though they were also apparently supposed to keep the news a secret. Of course now that the information has been leaked, along with Docter’s "Up" success, we can likely expect a formal announcement from Pixar very soon. Read more...

They did it with “Toy Story” twice. They’re doing it with “Cars” next. They’ve been rumored to want to do it with “The Incredibles” for years. Pixar is officially in the sequel business these days, with further installments of some of their most popular franchises in the works.

So how come we never hear about “Monsters, Inc. 2”?

“We’ve thought about it,” “Monsters, Inc.” director Pete Docter told MTV News about the possibility for a sequel. “We’ve got a couple ideas.”

In the moment, those ideas are being filtered into a “Monsters, Inc” roller-coaster at the Walt Disney Resorts, which should open in a couple of years. Read more...