`The Muppets` returning for sequel

New York: The family movie, starring Jason Segel and Amy Adams alongside the late Jim Henson`s puppet creations, claimed the Best Song Academy Award for Man or Muppet and now Disney bosses are hoping to replicate that success with a second installment, The Huffington Post reported.

The film proved to be a hit with film fans, raking in USD 154.8 million worldwide upon its release last year.

However, Segel, who co-wrote "The Muppets" with screenwriter Nicolas Stoller, will not be involved in the writing process this time around due to his other film and TV commitments.

"My goal was to bring `The Muppets` back and I think that I achieved that. It was half a decade of my life and I just want to take a minute to concentrate on more human related projects," Segel said.

"The Muppets" director James Bobin will help Stoller come up with a new adventure for Kermit the Frog and Miss Piggy.

It is not yet known if Segel will return to star in the sequel.