Pinocchio II

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

Plot
Sometime after the first film, Pinocchio is now a real boy and is now on a journey to learn more about life as it is. The film would later have Pinocchio to ask why life is sometimes unfair.

Why It Was Cancelled
John Lasseter became CEO of Walt Disney Animation Studios and Disney pulled the plug on direct-to-DVD sequels in 2007.

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