Shrek Hungry for Trilogy Status

Move over Lord of The Rings, a green ogre’s coming through. A few months before the much-anticipated Shrek 2 is due to hit theaters and have a crack at Finding Nemo’s box office record, DreamWorks is putting Shrek 3 on the fast-track to its production date, according to a report in today’s Daily Variety.

In a business where franchises are all the rage these days, Shrek 3 is looking for a few good writers to aid Shrek 2 screenwriters David Stem, Joe Stillman and David N. Weiss.

The original Shrek took in a whooping $267 million in North American box office ($478 million worldwide, according to Boxofficeguru.com) and did huge business with its DVD/VHS release.

DreamWorks, like all big studios seems to have developed a major case of sequel-fever. The company is also working on Shark Tale 2 (the first Shark Tale doesn’t open until October 2004) and The Ring 2.

Both Shrek 2 and 3 are expected to cost more than the estimated $60 million the studio spent on Shrek 1, because the voice-talent cost of Cameron Diaz, Mike Myers and Eddie Murphy is expected to take a big jump.