It looks like John Lasseter’s reign over Disney’s animation division is already weakening. Just a week ago, a couple of days after the completion of a merger between Disney and Pixar and his appointment as head of the Disney Animation division, Lasseter announced that they were killing the in-production, Pixarless Toy Story sequel Toy Story 3. Now it looks like he’s been overruled.

Discussing their fourth quarter earnings, Disney head Bob Iger spoke to Bloomberg about their future plans, and he says those plans include a Toy Story 3. The difference is that they’ll be starting over on the project, this time with Pixar people in charge.

Of course when Lasseter shut down Disney’s in-progress version of the film, he didn’t say they’d never do it, he merely said they wouldn’t do it unless they had a story that demanded it. Either a week was all the guys at Pixar needed to come up with a fantastic story, or Lasseter is being pressured to suck the Toy Story franchise dry against his wishes. Let’s hope it’s not the latter.

Either way, for Toy Story fans this is still a lot better than where we were a month ago, with Disney making Toy Story 3 without Pixar. Whether this is their idea or Disney’s, at least the right people will be involved in making the film.