As of yesterday, there were only two movies that have grossed more than $1 billion that were either not sequels themselves or about to get sequels. One was Titanic, the other was Frozen. And now you can cross one of those off the list.

Yes, Frozen 2 is officially happening.

Disney CEO Bob Iger announced the project today in an investors meeting (the same one that revealed big Star Wars news), and we really only know two things: directors Chris Buck and Jennifer Lee are developing the film, and Josh Gad will be back as Olaf (he was part of the presentation). No release date yet. No plot info. No word on the rest of the cast But if you need your Frozen fix between now and this undated sequel, you can see the short film Frozen Fever in front of Cinderella this weekend.