Shrek 4 in 2010

Source: DreamWorks Animation SKG, Inc.

While reporting its earnings for the third quarter of 2006 yesterday, DreamWorks Animation also revealed that Shrek 4 will hit theaters in 2010. Also, the Puss in Boots movie, which was supposedly a direct-to-DVD release, will now instead be a theatrical release sometime after Shrek 4.

“‘Puss in Boots’ is a unique creative property that has the potential to be a valuable extension of the ‘Shrek’ franchise,” stated Jeffrey Katzenberg, CEO of DreamWorks Animation. “We are excited to be developing this into a feature film where we think it has the greatest opportunity.”

The company announced that its new partnership with Nickelodeon has identified its first two creative concepts for ongoing television series based on DreamWorks Animation theatrical properties. The first will be based on the hit penguin characters from the company’s 2005 theatrical release Madagascar and the second series will be derived from DreamWorks’ 2008 theatrical release Kung Fu Panda.

Lastly, the company revealed its theatrical release slate for 2009 from its projects currently under development. Monsters vs. Aliens, the working title of an original concept from DreamWorks Animation, is scheduled for release in the summer of 2009. How to Train Your Dragon, based on the book by Cressida Cowell, is scheduled as the company’s release for the 2009 fall/holiday season.

DreamWorks Animation’s next project, Flushed Away, hits theaters on Friday, November 3. It will be followed by the company’s Shrek the Third on May 18, 2007.