(CNN) -- Well, that didn't last long. No sooner had speculation heated up that Disney was planning a "Frozen" sequel, to be titled "Strange Magic," than the studio sent out a news release throwing cold water all over that theory. Turns out, "Strange Magic" is the title of a new animated movie from Lucasfilm Ltd. " 'Strange Magic' is a madcap fairy tale musical inspired by 'A Midsummer Night's Dream,' " the statement says. "Popular songs from the past six decades help tell the tale of a colorful cast of goblins, elves, fairies and imps, and their hilarious misadventures sparked by the battle over a powerful potion."
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NEW: "Strange Magic" is not a "Frozen" sequel, studio announces
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No official movie sequel has been announced
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One site noticed that Disney registered "Strange Magic" domains
"Disney today registered several domain names that in no uncertain terms point to a film title -- @placeholder," the site reports.