Just last week, DreamWorks announced that it would be cutting 500 jobs and scaling its animated movie releases down from three a year to just two. At the time, it was unclear how this would affect the projects they currently have in development, but the company has just revealed an updated release schedule, with a few changes to note—in particular, ‘How to Train Your Dragon 3’ has been pushed back, and ‘B.O.O.: Bureau of Otherworldly Operations’ is back in development, but is still not scheduled for release.
Kung Fu Panda 3
We've known 'Kung Fu Panda 3' was coming in the near future, but now the film is starting to add to its cast. Alongside series stalwarts Jack Black, Angelina Jolie and Seth Rogen, Bryan Cranston, Mads Mikkelsen and Rebel Wilson have joined the cast.
From what we’re hearing, Shane Black’s ‘Iron Man 3’ isn’t the only production in Hollywood’s pipeline that is looking to China for creative and financial partnerships. DreamWorks Animation will recruit Chinese co-producers for the third installment of its ‘Kung Fu Panda’ franchise, targeting a 2016 release date.
'Kung Fu Panda' sounded like a silly idea, and perhaps it was, but the first film turned out to be a surprise hit and its sequel was also successful. So it's no surprise that DreamWorks announced at Comic-Con 2012 that they're going back for a third.