Confirmation that Toy Story 5 is happening – while exciting for fans of the franchise – raises doubts about the future of spin-offs such as Lightyear. Instead of a more traditional follow-up to its hugely successful sequel Toy Story 4, Pixar decided to keep the franchise alive in unconventional fashion in 2022 with the release of Lightyear – a somewhat convoluted take on the titular character purporting to be a real movie released in Andy's Toy Story universe. However, mixed reviews and disastrous box office numbers raised understandable questions about the viability of this approach. Toy Story 5 news now seemingly puts plans for Lightyear 2 into even greater jeopardy.
https://screenrant.com/lightyear-2-sequel-toy-story-5-spin-off/