Buzzfeed reports that Pixar Animation Studios President Ed Catmull says that the studio will be significantly scaling back on the production of sequels.

While Pixar has created some very memorable and lovable characters, it’s important to remember that it’s not always necessary to make another movie, like the ill-fated Cars 2, to try and capitalize off of a past success.

The plan moving forward is to produce an original film every year.

Currently, 2015’s Finding Dory is Pixar’s only planned sequel.  Based on Catmull’s statement, it will probably be the only one we’ll see for some time.  So, you can put to bed those rumors of a Toy Story 4 and we can all sleep better at night knowing that the chances of a Cars 3 just became that much slimmer.

It’s important to remember that one of the things Pixar is well-known for is story.  Heck, the “brain trust” at Pixar has even been called upon for other Disney flicks, like 2010’s TRON: Legacy, to review and improve or revise story.

So while Pixar continues to wow and amaze audiences with their amazing computer animation, let’s get back to more than just that.  Let’s get back to refocusing on the last part of Pixar’s mission statement:

Pixar’s objective is to combine proprietary technological and world-class creative talent to develop computer-animated feature films with memorable character and heartwarming stories that appeal to audiences of all ages.

For the full story, check out Adam B. Vary’s article over at Buzzfeed.