TOY STORY 4 IS COMING!

Woody, Buzz and all their friends are back for a fourth film! Photo: Walt Disney Studios Motion Pictures, Australia

In news that is guaranteed to make your Friday one hundred times better, Disney CEO Bob Iger has announced that a fourth Toy Story film is on its way!

The announcement that a whole new chapter in the lives of Woody, Buzz and the rest of the gang will be back on our screens was made during an earnings call about the company.

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John Lasseter, who directed the first and second Toy Story films, will return to direct the fourth film, which is expected to hit our screens in June 2017.

"We love these characters so much; they are like family to us," said Lasseter.

"We don't want to do anything with them unless it lives up to or surpasses what's gone before. 'Toy Story 3' ended Woody and Buzz's story with Andy so perfectly that for a long time, we never even talked about doing another 'Toy Story' movie. But when Andrew, Pete, Lee and I came up with this new idea, I just could not stop thinking about it."

And with news that Rashida Jones and Will McCormack have signed on as writers, we couldn't be more excited.