The original didn’t as it was made as a standalone film, only a mere month before Aladdin: Return of Jafar turned out to be a success. The remake can go in far more directions.
Alice in Wonderland got a sequel and with Disney making a sequel to Maleficent and The Jungle Book remake, I believe that the chances for The Lion King remake getting a sequel are very high.
Should this movie stick to just the original? Should it bridge itself to Simbas Pride? Or should they go in a new direction with a sequel?
I’m leaving out the lion guard because who knows what Disney has planned for it in the future.
And on an unrelated note, I am curious as to whether or not Disney will make a sequel to their Beauty and the Beast remake as all their direct to video stuff for it took place within the timeframe of the original.