Frozen 3 and Beyond: Exclusive Updates on the Next Chapter and the Exciting 'World of Frozen' Attraction at Hong Kong Disneyland"

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"Frozen 4" is in the works, according to Disney CEO Bob Iger. During an interview on Good Morning America, he confirmed the news.

"Frozen 3 is in the works, and there might be a Frozen 4 in the works, too. But, I don't have much to say about those films right now. But Jenn Lee who created Frozen, the original Frozen and Frozen 2, is hard at work with her team at Disney Animation on not one but actually two stories."

He participated in the interview while he was appearing in Hong Kong Disneyland for the opening of the park's new attraction ‘World of Frozen'. He gave a nod to the attraction, saying, "For years at our Disney Parks, we've been creating these large immersive worlds. Essentially, they are the physical embodiment of some of the greatest stories that we've told…And of course, Frozen being one of our most valuable franchises, as you mentioned, a very successful film, I think it's just right for building the place that Frozen takes place in. It's just a fantastic land that enables people to get immersed in the story of Frozen and interact with all the great characters from the films." 

He added, "I think the best thing is you visit and you actually can meet Olaf and Anna and Elsa and all the gang from Frozen. Of course there's great attractions, but there's also great restaurants. I think the thing that's great about it is you actually feel like you're in the place that the movie took place in. And it just gives you this powerful sense of story that I think people have grown to love over the last decade."

Released in 2013, "Frozen" drew inspiration from Hans Christian Andersen's fairy tale "The Snow Queen." The film secured two Academy Awards in 2014 for Best Animated Feature and Original Song, while achieving a global box office revenue of $1.28 billion and selling 4.1 million soundtracks by June 2016. Additionally, the soundtrack amassed over 51 million streams since its 2013 release.