My Little Pony: A New Generation

 is an upcoming computer-animated fantasy film based on the My Little Pony toyline. It will be the start of the fifth incarnation of the franchise, while also serving as a direct follow-up to the fourth incarnation. It is scheduled for release in late 2021.

Summary
"Set years after the events of My Little Pony: Friendship Is Magic, the film will center on Sunny Starscout, an outcast and young activist who still sees hope in an Equestria where Twilight Sparkle's teachings on friendship and harmony have been replaced with paranoia and mistrust, and where all three species of ponies live segregated from one another. However, when she meets a lost unicorn named Izzy, the two embark on an adventure involving musical numbers, conspiracy theories, and "the world's cutest flying Pomeranian" as they travel to new lands while facing their fears and turning enemies into friends."

- Press Release