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An Avengers Assemble sequel has been confirmed.

The Chief Executive Officer of Walt Disney Co., Robert Iger, has revealed the follow-up movie is in development. He made the announcement during the company's earnings call.

The first Marvel movie smashed box office records in the US on its opening weekend, raking in $207 million, according to The Hollywood Reporter.

The Joss Whedon-directed film has made $702 million worldwide since its release.

"It's a great illustration of why we like Marvel so much - great characters, great storytelling and a wonderful ability for them to bring their characters and stories to the big screen so effectively," Robert said.

Avengers Assemble stars Robert Downey Jr. as Iron Man, Chris Evans as Captain America, Chris Hemsworth as Thor, Mark Ruffalo as the Hulk, Scarlett Johansson as Black Widow, Jeremy Renner as Hawkeye and Samuel L. Jackson as Nick Fury.

The picture sees the superheroes join forces to defeat evil Loki, portrayed by Tom Hiddleston.

Details of the next installment, including the cast, are yet to be confirmed. Scarlett recently said the stars are "not officially" signed on for a new film.

"We hope that we are able to bring these characters back - all of our characters work interchangeably in each other's movies, but nothing's on the table yet," she said.

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