Dreamworks to release Shrek 4 in May 2010

Shrek 4Dreamworks Animation and Paramount have officially announced that they will release Shrek 4 on May 10th 2010, according to Variety. Earlier this year, Dreamworks co-founder Jeffrey Katzenberg has announced that there will be a Shrek 4 and Shrek 5, but THAT IS IT!

“It’s a finite story, has been from the beginning and I think that’s part of its integrity, part of its strength, that we’re not thinking this up as we go,” he told The Age. “Ultimately we will come back to understand how Shrek arrived in that swamp. We will reveal his story.”

Shrek the Third made over $718.6 million worldwide, which is more than the first film ($484.4m) but not nearly as profitable as Shrek 2 ($920.6m). In addition to the big box office numbers, the Shrek films do extremely well on DVD. So while the series is on a downward turn, it’s still one of the most profitable film franchises of 2007 (To be exact: Shrek the Third was the #2 biggest movie of 2007 so far). But many people thought Shrek the Third was the worst film of the bunch, so it will be interesting to see if the series loses a sizable chunk of fanbase when the fourth film is released in 2010. My guess is that it won’t, as the brand name is too huge. Parents will buy tickets for the whole family, and Dreamworks Animation will rake in more cash.

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Spider-Man

Variety has an interesting article on the scheduling of the upcoming summer tentpoles for the next three years. The article claims that Sony Pictures will announce a Summer 2010 release date for the 23rd James Bond film. The next Bond film, tentatively titled Bond 22, will go into production later this year aiming for a November 7th 2008 release.

The article also says that Sony will nab a Summer 2009 release date for Green Hornet. And 2010 is starting to look a lot like this Summer: very crowded. Potentially Pirates of the Caribbean 4, Spider-Man 4, Shrek 4, and Harry Potter 7 could be just some of the big blockbuster movies filling the slate.

Shrek 4 Finds a Director

Shrek

Shrek the Third hits theaters later this month and DreamWorks Animation is already setting up the sequel. The studio is in negotiations with Mike Mitchell to direct the fourth film. Tim Sullivan penned the script, and Josh Klausner recently did a rewrite. No word on what the Shrek 4 will be about, but one would suspect that it would include all the usual players (include the three new additions to the Shrek family). Mitchell’s filmography includes Deuce Bigalow, Surviving Christmas, and Sky High. It’s interesting that a big franchise film like Shrek can’t attract a more competent director. You would think that people would be jumping at the oppurtunity to be attached to the next summer hit film. I mean, it can’t hurt your resume (especially Mitchell’s resume).

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