 The top @-@ grossing film on its opening weekend , Toy Story went on to earn over $ 361 million worldwide . Reviews were positive , praising both the animation 's technical innovation and the screenplay 's wit and sophistication , and it is now widely considered by many critics to be one of the best animated films ever made . The film received three Academy Award nominations , including Best Original Screenplay , Best Original Score , and Best Original Song for " You 've Got a Friend in Me " , as well as winning a Special Achievement Academy Award . It was inducted into the National Film Registry as being " culturally , historically , or aesthetically significant " in 2005 , its first year of eligibility . In addition to home media releases and theatrical re @-@ releases , Toy Story @-@ inspired material has run the gamut from toys , video games , theme park attractions , spin @-@ offs , merchandise , and two sequels — Toy Story 2 ( 1999 ) and Toy Story 3 ( 2010 ) — both of which also garnered massive commercial success and critical acclaim , with a third sequel , Toy Story 4 , slated for a 2018 release . 
