"Frozen 2" Officially in Development

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So: Tumblr exploded today (Thursday, March 12) because this was announced at D23:

Today at The Walt Disney Company’s annual meeting at the Palace of Fine Arts in San Francisco, California, Chairman and CEO Robert A. Iger told shareholders and D23 Members in attendance ...that Frozen 2 is officially in development at Walt Disney Animation Studios.

The Oscar®-winning team behind Frozen—directors Chris Buck and Jennifer Lee and producer Peter Del Vecho—are returning for the new film. “We enjoyed making Frozen Fever so much and being back in that world with those characters,” said John Lasseter. “Jennifer Lee and Chris Buck have come up with a great idea for a sequel and you will be hearing a lot more about it, and we’re taking you back to Arendelle. We are so excited about that.”

As are many, many (maaaany) Tumblr users but there's also a lot of worry too.

And with regard to fairy tales, well, Frozen is barely connected to a fairy tale to start, Frozen Fever, from all reports has nothing that puts it on par with the movie even in terms of theme (it's goes for the Olaf and the cute, but otherwise...) and Frozen 2 will... very unlikely be a fairy tale either.

But it will be sold to the public as one, and likely have more magic and more Elsa. Would it be too much to ask that at least some regional folklore from Scandinavia and the Sami people (aka Laplanders) get woven in?

And in the meantime, what's happening with Giants - our Disney-fied modern Jack and the Beanstalk story that's supposed to be in production currently? I see it was moved to 2018 at the end of last year but other than that, I haven't heard a peep about it for months and months.

Not an official logo

And Moana, a "mythic musical adventure set in Polynesia", which is supposed to be released in 2016, has barely had any press either, apart from this announcement back in November:

The film will tell the story of MOANA, a teenage girl and “born navigator” who “sets sail in search of a fabled island,” according to a summary from Disney. “During her incredible journey, she teams up with her hero, the legendary demi-god Maui, to traverse the open ocean on an action-packed voyage, encountering enormous sea creatures, breathtaking underworlds and ancient folklore,” Disney reveals.

I wouldn't be surprised if Giants gets bumped (again) and Frozen 2 is put on the fast track because, ya know...