Disney's Pixar has a "Monsters, Inc" sequel up its sleeves -- but it won't hit theaters for another two years.

According to the Hollywood Reporter, Disney announced a follow-up to the 2001 hit "Monsters, Inc." as part of its 2012 line-up.
The movie is scheduled to hit theaters November 16, 2012.
No word if Boo will demand more dough for Part 2.