Monsters University
A second movie of Monsters, Inc. had been planned since 2005. Following disagreements between then-Disney CEO Michael Eisner and then-Pixar owner Steve Jobs, Disney (who at the time owned the rights to make sequels to all of Pixar's films until the movie Cars was released) announced that a sequel to Monsters, Inc. would be made by Circle 7 Animation. Circle 7 were also working on an early draft of Toy Story 3 at the time.