Pinocchio II

Pinocchio II was the planned sequel to the Disney animated film Pinocchio.

Plot
The story would find Pinocchio on a strange journey for the sake of something dear to him. This would also lead Pinocchio to question why life appears unfair sometimes.

Why It Was Cancelled
John Lasseter became CEO of Walt Disney Animation Studios

Result
It was shelved and will probably remain so from now on