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Disney-Pixar are cashing on with some of their most established characters as the multi-billionaire dollar brand made a bombshell announcement via their official Twitter account.

“It’s official,” the tweet began. We’re currently working on new films featuring your favorite characters from The Incredibles and Cars!”

Via Variety:

Walt Disney Company chief Bob Iger said Tuesday that Pixar plans to produce a third installment of its “Cars” franchise, and a sequel for “The Incredibles.”

“Cars 2,” Pixar’s 12th film, earned nearly $560 million worldwide in 2011; $191 million in the U.S. While somewhat of a critical disappointment, the film, directed by John Lasseter, still minted millions for Disney from consumer products like toys, apparel and other merchandise, a series of “Cars Toons” shorts, and helped spin off the company’s newest franchise, “Planes,” a film that was originally developed as a direct-to-homevideo title but went on to launch its own toy line and earn around $220 million worldwide when it was released theatrically in 2013. A sequel, “Planes: Fire and Rescue” bows July 18.

“The Incredibles”-director Brad Bird is writing the sequel for the superhero pic, Iger said.

Naturally the reaction to the news was largely positive–especially towards The Incredibles’ news of a sequel, seeing that the first one was released a decade ago.

Check out the gallery for instantaneous fan reactions, which include some shade thrown at the expense of Cars.

Photo: Jody Cortes/WENN, Twitter/Disney-Pixar

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