Via: Bob & Rob
The answer may be found over on the blog of Bob & Rob, otherwise known as Bob Hilgenburg and Rob Muir, screenwriting duo.The image above is from their version of Toy Story 3.
They’re recently been posting some of their work from what was known as Circle 7 over on their blog. Don’t know what that is? Never mind, I didn’t either until recently. Basically, Circle 7 was set up by Disney after their relationship with Pixar began to go south with the goal of producing sequels to the five Pixar films released under the original agreement of which Disney owned he rights to. Circle 7 was shuttered when Disney bought Pixar and was quickly swept under the rug as if it had never happened.
It is only now that we are starting to see some fragments of what could have been. While there are only stills and a short animatic-esque sequence to be had, you can piece together the jigsaw puzzle to come up with a rough idea of what things could have looked like.
Having said that, it is impossible to tell how these films would have turned out like. It’s quite possible they could have been good, like the recent Tinkerbell films, or they could have gone the other direction, as in the many, many sequels to Aladdin.
Either way, it seems that Pixar has been handed the reigns for producing the sequels now, as if to give them a sheen of authenticity and pedigree. I remain to be convinced however.