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Shrek, who has hasn't even returned to theaters in "Shrek 2", will be coming back in a third movie about King Arthur and the Knights of the Round Table, according to Variety.
The first order of business appears to be hiring a second set of writers to work with "Shrek 2" scribes David Stem, Joe Stillman and David N. Weiss in order to push the franchise into trilogy territory.
"Shrek 3" is not the only animated sequel project getting a push at DreamWorks. The studio is also at work on "Shark Tale 2," even though the first film won't bow until October.
Animated pics require more advance planning than regular feature films because of the painstaking process of bringing characters to life (toons usually take at least two years to produce). But it is nonetheless a gamble for the studio to be jump-starting a sequel project before the returns are in on its predecessor -- especially when the films are not being made on paltry budgets.
DreamWorks is hungry for franchises, however. The upcoming "Ring 2" is the first live-action followup the mini-major has managed.
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