Universal To Reinvent Shrek Franchise In Shrek 5.

Universal To Reinvent Shrek Franchise In Shrek 5.

Universal Studio's Shrek 5 will reinvent the animated film franchise - screenwriter Michael McCullers has revealed.

While promoting his new movie "The Boss Baby," Michael McCullers told The Hollywood Reporter that the team behind the franchise looking to revamp the animated movies after Universal bought the right from DreamWorks last year April.

"I imagine they're particularly interested in it stepping up and actually figuring out the future of the franchise in that way on the corporate level," McCullers said. "Reinvention was sort of called for. There's been four movies and a lot of material, so the characters are pretty beloved and they're great characters, but you also have to think of a pretty new take at that point."

DreamWorks confirmed Shrek 5 was in development last July, after Universal bought the franchise right last April for close to $4 billion. It's not clear yet if Mike Myers(Shrek), Cameron Diaz (princess Fiona) and Eddie Murphy (Donkey) will reprise their role in the upcoming movie.

Shrek is based on William Steig's 1990 fairy tale picture book Shrek!, the film won the first ever Academy Award for Best Animated Feature at the 74th Academy Awards in 2002, and won the BAFTA Award for Best Adapted Screenplay. Shrek 5 is slated to be released in 2019.

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