Woody, Buzz Lightyear and their gang of toys are set to come back in "Toy Story 4" in 2017, USA Today reported.

Pixar's animated film series "Toy Story" will get another installment come 2017, following in the footsteps of "Toy Story 3," which grossed over $1 billion after its release in 2010.

"Toy Story 4" celebrates the return of John Lasseter, who directed the first two films in 1995 and 1999. Lasseter will be joined by Lee Unkrich, the director of "Toy Story 3," Andrew Stanton, the director of "Finding Nemo" and Pete Docter, the director of "Up."

The writers for the movie are Rashida Jones from "Parks and Recreation" and Will McCormack from "Celeste & Jesse Forever." The film will be produced by Galyn Susman from "Toy Story OF TERROR!" and "Toy Story That Time Forgot."

Lasseter wrote about the movie and his return to the director's chair in a statement on Disney's official blog.

"We love these characters so much. They are like family to us. We don't want to do anything with them unless it lives up to or surpasses what's gone before. 'Toy Story 3' ended Woody and Buzz's story with Andy so perfectly that for a long time, we never even talked about doing another 'Toy Story' movie."

"But when Andrew, Pete, Lee, and I came up with this new idea, I just could not stop thinking about it. it was so exciting to me. I knew we had to make this movie and I wanted to direct it myself," he concluded.

The Walt Disney Company chief Bob Iger announced the movie to Wall Street analysts during a conference call discussion of the company's fiscal year results, according to IGN. He was also the first to announce Lasseter's involvement in the film.

"John created 'Toy Story' and directed the first two films, and it's great to have him back directing one of our most valuable properties," Iger said.

The official casting for the movie has yet to be announced.

"Toy Story 4" is set to hit theaters on June 16, 2017.