"Bolt 2" was cancelled primarily due to a combination of factors, including shifting priorities at Walt Disney Animation Studios and a lack of compelling story ideas that met the studio's high standards. Although the original "Bolt" (2008) performed decently at the box office and garnered a following, the studio decided to focus on new projects and franchises that promised greater commercial potential. Additionally, changes in leadership and direction at Disney may have contributed to the decision to shelve the sequel.

"Bolt" is an animated film released in 2008 by Walt Disney Animation Studios. It follows a small dog named Bolt, who believes he has superpowers and that his owner, Penny, is in constant danger. Living on a Hollywood soundstage, Bolt embarks on a cross-country adventure to rescue Penny, whom he thinks is in trouble. Along the way, he meets Mittens, a streetwise cat, and Rhino, a hamster who is a huge fan of Bolt’s supposed heroics. Through their journey, Bolt learns about friendship, bravery, and the importance of reality versus perception.

"Bolt" is a Disney movie, not a Pixar film. Released in 2008, it tells the story of a dog named Bolt who believes he has superpowers due to his role in a fictional TV show. The film explores themes of friendship and self-discovery as Bolt embarks on an adventure to reunite with his owner, Penny. While both Disney and Pixar are part of the same parent company, their films are distinct, with Pixar known for its unique animation style and storytelling.

In the movie "Bolt," the titular character is depicted as a white American Shepherd. Bolt is portrayed as a heroic dog who believes he has superpowers, having spent his life on a fictional television show. His character combines traits of various breeds, but he primarily embodies the appearance and characteristics associated with the American Shepherd breed, known for their intelligence, loyalty, and agility. The film explores themes of friendship, self-discovery, and the journey of realizing one's true abilities.