'Frozen 3' isn't being released until 2027 because they don't want it to just be "a money grab".

Josh Gad, who voices snowman Olaf in the beloved blockbuster Disney franchise, insists they don't want to "rush" the third movie and give fans a flick that is "absolutely worthy" of the 2013 original.

Speaking on 'The Spotlight with Jessica Shaw' podcast on SiriusXM, he said of the follow-up to the 2019 musical fantasy: "Anything that I have seen or know I will have been sworn to secrecy on."

He continued: "Here's what I can tell you.

"There's a reason the movie is coming out in 2027. And that is because no one wants to rush this. Everyone wants this to not just be a sequel or a money grab. They want this to be absolutely worthy of the story we set out to make in 2013 [in the first Frozen movie]."

The original voice cast also included Kristen Bell (Anna), Idina Menzel (Elsa) and Jonathan Groff (Kristoff).

As it stands, 'Frozen 3' is due for release on Thanksgiving (24.11.27).

Gad previously confessed he regrets using his own dulcet tones for the character as he cannot escape recognition from fans.

Speaking at Fan Expo Canada last year, he said in a clip shared to TikTok: "If I could do it all over again.

"I would not have lent that snowman my voice. I would have created a different voice."

On his encounters with young fans of the movies, the 'Beauty and the Beast' star said: "It's very weird being in a supermarket and having a little child go like this (turns head slowly).

"That was my first big mistake.

"I try to give it to them when I can."

Meanwhile, Gad recently revealed he missed out on a role in 'Avatar' because he resembled a "tall, overweight Smurf" in character.

The 43-year-old star tried out for a part as a Na'vi in James Cameron's 2009 sci-fi epic but was turned down for the blockbuster as he didn't meet the physical requirements.

Gad recalled in his new memoir 'In Gad We Trust': "I put myself on tape and shortly thereafter got a call that Cameron wanted to fly me to Los Angeles for a final callback at his Lightstorm production offices.

"I apparently did not get (the role) because, while James Cameron was said to be thrilled with my audition, when I was turned into a digital Avatar I supposedly looked like a tall, overweight Smurf."