'Toy Story 4' News Update: 'Toy Story 4' Release Date Delayed To 2019

Despite people's high anticipation for "Toy Story 4," it looks like fans will have to wait a bit longer for the movie to come out.

Recently, Oscar-winning actor Tom Hanks revealed that the release date of the movie has been pushed back again until 2019 as the cast and crew of the Disney-Pixar animation needed more time to be creative.

For the upcoming film, Tom Hanks will lend his voice to the toy cowboy named Woody from the latest installment of the film. The "Toy Story" franchise has been a massive hit since its debut, earning around $1.8 billion at the global box office.

Last month, Disney-Pixar officially announced that "Toy Story 4" would be delayed. The film was initially slated for 2017 but was pushed back to 2018. Latest update on the film confirmed that the fourth installment of the "Toy Story" franchise would be delayed until June 2019 to make way for the production of "The Incredibles" sequel, another animation hit by Disney-Pixar.

Tom Hanks said fans should not think of anything negative about the move.

"The movies are made in such tiny increments over long periods of time. We go into the recording studio and there's a prepared text and you go off that text and you keep experimenting with it...they put it through another ring of creativity and alterations," he explained.

"I can't wait to see what they've got Woody up to," he added.

Hanks made the comments during the red carpet premiere of "Sully: Miracle on the Hudson" held in London.