They won't have anything to say about it. The toy companies themselves license from Disney. Even if they did have an opinion they would be all for it - they love to see ancillary things that drive interest in the products where they hold a license.

As far as interest.... while the die-hard pinballers may hate the theme, it will attract major interest within the toy industry. Toy Story = Nostalgia and outside of Mickey and Minnie it is might be Disney's most valuable license (although the princesses are also up there). I would expect to see a TS game at locations that never before had a machine. It is a game that will drive interest back into pinball.

If they want to use anything from Toy Story 4 then the game will be under embargo until *about* a month before the movie is released.

Comparing it to Teletubbies and Barney is way off base. Toy Story is a huge license for Disney.... there is a reason they just spent multiple-billions of dollars creating "Toy Story Land" at Disney Hollywood Studios. The difference in the value of a "Teletubbies" from "Toy Story" is like the difference between a '63 Corvette and a Chevy Nova....

A game would fall under the Disney Consumer Products division. Which already has experience with Pinball... I am sure they were active with the Stern Wars release (and possibly with everything Marvel), but they would be heavily involved in Toy Story. Also, I have some history with DCP... they really won't give a hoot about collectors - they will want something that will appeal to the masses. They assign a monetary value to the ability to drive brand awareness and interactions with the brand (This is why they run Disney Jr. as a break-even business). They will want a beautiful game, lots of toys, fun call-outs, and something that will be in every pizza shop, and mall, in the country. If some 40-60 year old men want to buy it to stick in their basement that will be fine with them, but that certainly is not what they will be after. Remember the demo for "Toy Story" is different than Marvel and certainly different than "Star Wars". Toy Story skews younger and more female.

If they do a Toy Story game.... another one to watch out for would be "The Incredibles"

I agree, I think Toy Story would be much more difficult. However, my guess is that all of the voice talent already signed over all of their rights when they did the movie. There are several ways the actors contracts can work - they can either have a license cut of their derivative work or it could be included in their standard payment... perhaps with the royalty predetermined. Typically, (I think) most of the toy companies work directly with the licensor since the actor already had the derivative work baked into their original contract- I'll double check that one though.