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Disney announces sequel to blockbuster 'Frozen'

2 years 7 months 1 week ago Thursday, March 12 2015 Mar 12, 2015 March 12, 2015 1:08 PM March 12, 2015 in News
Source: Associated Press
By: APNewsNow

NEW YORK - Disney is developing a sequel to its hit "Frozen" movie and will release a new "Star Wars" movie in 2017.

The Walt Disney Co. also said Thursday at its annual shareholder meeting in San Francisco that investors had voted down shareholder proposals that would separate the CEO and chairman role and limit accelerated executive pay.

The board had recommended voting against both proposals.

Bob Iger has been CEO since 2005 and chairman as of 2012. He received $43.7 million in compensation last year, up 27 percent from the previous year.

Disney had a blockbuster year in 2014 thanks to popularity of "Frozen" and other films.

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