According to Good morning America, Toy Story 4 won’t be a direct sequel and it would be the franchise’s and Studio’s first romantic comedy and will be centered around Woody and Bo Peep. No other details have been released as of now, but the upcoming sequel has a release date given for June 16, 2017.
Storyline for 'Toy Story 4' will be a love story and centered around Woody and Bo Peep! #D23 #D23Expo pic.twitter.com/5yKyplo1PF
— Good Morning America (@GMA) August 14, 2015
Source:Collider.com