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Pixar Animation is returning to its most successful franchise, “Toy Story,” for a fourth movie, to be directed by the studio’s chief creative officer, John Lasseter.

Walt Disney Co., which owns Pixar, said Thursday during an earnings call that the latest incarnation of “Toy Story” will be released June 16, 2017.

Lasseter told The Times that “Toy Story 4” will be a love story and will pick up where “Toy Story 3” left off, when Woody, Buzz Lightyear and the rest of the series’ toy chest of characters were handed down to a little girl named Bonnie.

“A lot of people in the industry view us doing sequels as being for the business of it, but for us it’s pure passion,” said Lasseter, who directed the first two “Toy Story” films. “We only make sequels when we have a story that’s as good as or better than the original.

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