Shrek 3 Details Released

With the second Shrek installment eating up the box office at record pace, DreamWorks is wasting no time in getting the ball rolling on a third. According to Daily Variety, Who Framed Roger Rabbit? scribes Peter Seaman and Jeffrey Price have been brought on to craft a script that will reportedly pit the big, green ogre against the legendary King Arthur and his Knights of the Round Table.

Mike Myers, Cameron Diaz and Eddie Murphy will be back to reprise the roles of Shrek, Fiona and Donkey, respectively. The success of Shrek 2 will mean an even bigger payday than the $5 million they each received for that film.

Seaman and Price have previous experience writing for Mike Meyers. The duo took uncredited turns on Universal’s recent live-action version of The Cat in the Hat, their second Dr. Seuss project after co-writing Universal’s live-action spin on How the Grinch Stole Christmas. Their most recent project is Warner Bros.’ upcoming crime thriller, Angry White Men.

Pegged for a holiday 2006 release, Shrek 3 joins a busy animation production slate at DreamWorks. The studio is putting the finishing touches on Shark Tale in preparation of its October 2004 debut, while prepping Madagascar for summer 2005 and Over the Hedge for sometime in 2005.

Madagascar will star the voices of Ben Stiller, Chris Rock and David Schwimmer as pampered New York City zoo animals who are accidentally shipped to Africa where the must learn to survive on the titular wild island. Jim Carey and Gary Shandling will headline Over the Hedge as the voices of forest animals who set out to make the best of things when a new housing development encroaches on their territory.