18/07/2012 10:08 BST

'Finding Nemo 2': Andrew Stanton To Direct Again, Plus 'Toy Story 4' Rumoured For Development

Andrew Stanton, who recently directed Disney's flop John Carter, is set to direct a sequel to Finding Nemo, according to reports.

John Carter, starring Taylor Kitsch, was one of the biggest financial failures in films history, and forced the studio to take a $200 million write-down.

However, Stanton was behind the original Finding Nemo and helped make it Pixar's second-highest-grossing film ever behind Toy Story 3, so it's understandable he's been given a second shot.

Deadline.com reports he’s now officially come aboard the Finding Nemo sequel, after he'd openly said he'd love to if the story was right, and has a concept the studio loves.

Ellen DeGeneres and Albert Brooks provided voice work in the original, but whether they return for part two is as yet unknown.

Finding Nemo 2 would follow the Toy Story sequels, Cars 2 and the upcoming prequel to Monsters Inc. on the Pixar slate. However, Pixar itself has not confirmed the film is in the works.

Rumours are also circulating that Toy Story 4 has been given the go-ahead, but other than Tom Hanks saying a fourth film was being worked on back in 2011 this is all still speculation.