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'Toy Story 5,' 'Star Wars' films revealed at Disney's D23 event

ANAHEIM, United States — Disney lifted the lid on "Avatar: Fire and Ash" and presented new footage from "Star Wars" and Pixar movies at a giant showcase in front of 12,000 fans in California on Friday.

Disney fans saw a first glimpse of "The Mandalorian and Grogu."

Out in May 2026, it will be the first "Star Wars" film since 2019's divisive "The Rise of Skywalker."

Disney, which had been churning out a new "Star Wars" film every year to that point, dramatically slammed the brakes in the face of diminishing box office returns.

"We're putting 'Star Wars' back on the big screen," said Dave Filoni, producer of the new movie — which is spun off from streaming series "The Mandalorian," and will feature its beloved Baby Yoda.

Footage showed the cutesy creature and his mercenary friend speeding around a snowy planet.

On the television side, Jude Law plays a Jedi in "Skeleton Crew," streaming in December.

The kid-centric show is "in the spirit of... coming-of-age films of the '80s like 'The Goonies' and 'E.T.,'" promised Law.

The giant D23 fan gathering caters to and showcases the obsessive loyalty of Disney's most die-hard devotees.

Every two years, thousands flock to a California convention center, dressed as their favorite princesses and heroes.

Tickets — ranging from $80 to an eye-watering $2,600 VIP pass — allow attendees to spend yet more money on rare merchandise, and watch starry presentations unveiling new films, shows and theme park rides.

"Who else but Disney could pull off a weekend like D23, right?" Chief Executive Officer Bob Iger asked the packed crowd at Anaheim's NHL professional ice hockey arena, to cheers.

Seconds later, the suited executive was replaced on stage by a troupe of hula-ing Polynesian dancers and Dwayne "The Rock" Johnson, promoting "Moana 2."

But beneath the euphoria, Friday night's presentation of new movies and TV shows comes at a key time for Disney.

The company's Pixar and Marvel franchises have suffered uncharacteristically poor runs in recent years, with high-profile flops like "Lightyear" and "The Marvels."

Disney's stock price remains well below half its 2021 peak. Rounds of cost-cutting have seen thousands of jobs cut since last

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