“Bob Iger, head of Disney, said it was on and he actually said it was going to happen,” said Allen, who earlier noted that “one of the creators of the original series” is behind the movie’s script.
“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’s remarks come after Iger confirmed in February that a “Toy Story” sequel was in the making, Deadline reported.
Allen, following Iger’s announcement, shared a picture of Buzz Lightyear on social media along with the caption: “See ya soon Woody, you are a sad strange little man and you have my pity. And off we go to a number 5! To infinity and beyond!”
A sequel would arrive more than four years after the release of “Toy Story 4,” which grossed over $1 billion worldwide and had the biggest global opening for an animated film at the time.
Allen continued to spill to Fallon about the future “Toy Story” sequel: “According to the scuttlebutt, the writer that’s doing it wrote one of the better ones and said, ‘If I didn’t get this right, I wouldn’t do it.’ So it could be a very, very interesting way to reunite it.”
The actor, in a recent interview with The Movie Dweeb, said he didn’t know where the plot was going but wondered how a “Toy Story” movie would look if Andy were an adult.
″[He] has children, and they just happen to be online and the kid goes, ‘Have you ever seen this toy?’ and Andy sees that Buzz has got a hand missing and they’re selling these vintage toys,” he explained.
“And Andy goes and gathers all the toys up. He has to go out and find each one of them and put them back together, bring them back to his house and start the whole thing over again with his son.”