Encanto, the recent Disney+ venture, has captured the box office and soon gained popularity for being uniquely representational. In the wake of its success, Disney CEO Bob Chapek has reportedly announced the film as a franchise.Although no new projects have been announced by Disney, it can be hoped, given Chapek's statement, that a sequel for the animation is not very far away.Bob Chapek's announcement regarding EncantoLemon🍋 AINI MODE@Limonero243Encanto as a franchise instead of Zootopia. That makes total sense. twitter.com/DisneyAPromos/…Disney Animation Promos@DisneyAPromosDisney CEO Bob Chapek referred to #Encanto as their "newest animated franchise" during today's earnings call. 04:38 AM · Feb 10, 20221725Disney CEO Bob Chapek referred to #Encanto as their "newest animated franchise" during today's earnings call. 👀 https://t.co/k1UfE5gqqVEncanto as a franchise instead of Zootopia. That makes total sense. twitter.com/DisneyAPromos/…Walt Disney Animation Studios, that hardly would gift us with sequels, is now all for them, thanks to the freedom provided by the Disney+ streaming service. Disney hits like Frozen and Wreck it Ralph have received theatrical sequels, and titles like Moana and The Princess and the Frog are getting TV shows on Disney+.Schmuck for life@McMilnamow@DisneyAPromos ...On the one hand, that makes me happy to see that Encanto of all movies is the one to be considered franchise-worthy.On the other hand, it makes me scared that Disney is going to milk it dry as they did with Frozen.03:28 AM · Feb 10, 202266523@DisneyAPromos ...On the one hand, that makes me happy to see that Encanto of all movies is the one to be considered franchise-worthy.On the other hand, it makes me scared that Disney is going to milk it dry as they did with Frozen.Recently, the animated hit Encanto has been announced as the next title to get the franchise treatment. This comes as no surprise given the film's tremendous box-office performance and world-wide popularity.Disney Animation Promos@DisneyAPromosDisney CEO Bob Chapek referred to #Encanto as their "newest animated franchise" during today's earnings call. 03:25 AM · Feb 10, 20226749728Disney CEO Bob Chapek referred to #Encanto as their "newest animated franchise" during today's earnings call. 👀 https://t.co/k1UfE5gqqVWhile speaking about the success of the movie during the Disney quarterly earnings call, Disney+ CEO Bob Chapek referred to the film as the,"launch of a new franchise."The announcement has caused quite a bit of a stir within fan communities and we can't wait for a sequel to be announced.Alex Zalben@azalbenAnyway! They're playing basically the entire Encanto soundtrack while we're waiting for this Disney Earnings call to start, so stay tuned (perhaps) for additional Disney news, Hailee Steinfeld related or otherwise.02:56 AM · Feb 10, 2022364Anyway! They're playing basically the entire Encanto soundtrack while we're waiting for this Disney Earnings call to start, so stay tuned (perhaps) for additional Disney news, Hailee Steinfeld related or otherwise. https://t.co/hKaP1Qv2H8Alex Zalben@azalbenBob Chapek, Disney's Chief Executive Officer and Christine Mary McCarthy, senior Executive Vice President and Chief Financial Officer are on the call today.03:05 AM · Feb 10, 2022142Bob Chapek, Disney's Chief Executive Officer and Christine Mary McCarthy, senior Executive Vice President and Chief Financial Officer are on the call today.Alex Zalben@azalbenChapek calls ENCANTO the "launch of a new Disney franchise," calling out the success of the movie on Disney+, while still affirming the company's commitment to movie theaters.03:16 AM · Feb 10, 2022244Chapek calls ENCANTO the "launch of a new Disney franchise," calling out the success of the movie on Disney+, while still affirming the company's commitment to movie theaters.Disney Animation Promos@DisneyAPromosDisney CEO Bob Chapek referred to #Encanto as their "newest animated franchise" during today's earnings call. 03:25 AM · Feb 10, 20226779733Disney CEO Bob Chapek referred to #Encanto as their "newest animated franchise" during today's earnings call. 👀 https://t.co/k1UfE5gqqVMore about Encantoencanto gifs 🕯@encantogifs#encanto #mirabel09:30 AM · Jan 29, 20227996901#encanto #mirabel https://t.co/x8c4YLKapbEncanto is the story of a young Colombian woman named Mirabel, who is part of the magical Madrigal family. All her family members boast of unique magical powers which they have been born with and developed over the years. Sadly Mirabel never received one, leading her to question her place in the Madrigal legacy.The film was directed by Bush and Byron Howard, who also wrote the screenplay, with Charise Castro Smith serving as co-director. It stars Stephanie Beatriz, Maria Cecilia Botero, John Leguizamo, Jessica Darrow, Diane Guerrero, Angie Cepeda, Wilmer Valderrama, Carolina Gaitan, Mauro Castillo, Adassa, Rhenzy Feliz, and Ravi Cabot-Conyers.The animated drama offers plenty of new plotlines for a sequel, given its array of beloved characters and largely unexplored world. In later films of the franchise, any of the Madrigal family members' solo stories could be explored, or even questions about the origins of the magic that gives the characters their powers could be delved into.We are yet to see what new story Disney+ comes up with.