According to sources close to Narniaweb.com, Disney wanted to see The Chronicles of Narnia: The Lion, the Witch and the Wardrobe (LWW) meet at least a $60 million opening weekend in order to proceed with plans for a sequel. An opening of $67 million domestic and a total of $107 million worldwide has already exceeded expectations. According to the same sources, Disney has has already privately greenlighted the next story in the series, Prince Caspian, for a December 2007 release and an official announcement will be made within a month.

Considering that Disney and Walden Media invested a combined $180 million into LWW, and the movie already brought in 60% of that in its opening weekend, it could recoup it's further investment in video sales next year alone. But with another six weeks of or so of box office sales, odds are they will see far more profit than that.

Prince Caspian is the only other story to involve all four of the Pevensie siblings as children and takes place a year after the events in LWW. The timing is perfect for a sequel while the actors are still at the right age. This has been Walden Media's plans all along with a script for Prince Caspian completed months ago.

See also the related story, "Rumor Has It Prince Caspian Is a Go" at IGN.