Taylor Swift has officially announced her new song 'I Knew It, I Knew You' for Pixar's upcoming animated film 'Toy Story 5', which is set to hit theaters on June 19. In a heartfelt message shared on Instagram, Swift revealed her long-standing admiration for the franchise, stating that she has dreamed of writing for these beloved characters since childhood. The inspiration for the song came after she previewed the film, leading her to create the track immediately after the screening. Fans were treated to a countdown on Swift's website, which featured hints about her involvement, including Toy Story-themed billboards that sparked speculation. The collaboration could potentially earn Swift her first Academy Award nomination for Best Original Song, following the legacy of composer Randy Newman, who received multiple nominations for previous Toy Story films. This marks another addition to Swift's history of contributing to film soundtracks, further showcasing her versatility as an artist.