Like John Lasseter of Pixar, Pete Docter became a household name after the success of his films 'Monsters Inc' and most recently 'Up'. Docter quashed all rumours of a sequel to Monsters Inc with this new reveal.
When talking to New York Magazine about Up, Docter let it slip that he is already working on his next project:
“I’m mostly focused on the next film that I have in development already,” said Docter. “That one I just started. We finished Up, I took some time off, spent some time in Europe and Japan doing publicity over there, so I’ve only been on this for like a couple weeks.”
When asked if this project was the rumored Monsters Inc 2, Docter replied “I’m not working on … I’m working on something else, but I cannot announce what it is.”
So there you have it, Monsters Inc 2 goes out the window. But to tell you the truth I am more interested in watching a sequel to 'The Incredibles' or 'Ratatouille' rather than Monsters Inc. As far as I know, the story of Monsters Inc came to a close with the original movie. But a sequel to 'The Incredibles' is far away as well, since director Brad Bird is working on the live adaptation film '1906', which is up for release in 2011. That way 'The Incredibles 2' isn't going to happen at least for the next four to five years.
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