With the new Shrek film being set to debut in December, the question of when Shrek the Musical will finally hit theaters is going to be in the air.
The Shrek franchise has been on a roller coaster of emotions since its inception.
But this summer has seen an uptick in the film’s popularity, as it has become the second-highest grossing animated film of all time after Frozen.
Now, we have a new source to get a feel for what fans can expect.
As reported by The Hollywood Reporter, Universal Pictures is in talks to acquire a controlling interest in Shrek.
While the studio is still in negotiations with the producer and distributor of the movie, Universal is said to be looking to acquire at least a minority stake in the studio, which is expected to be around 20 percent.
Universal has already expressed interest in acquiring Shrek in the past, with its parent company Disney already owning a controlling share in the movie studio.
The new acquisition would give Universal an ownership stake in Shreks first animated feature, with Universal having control over the film rights to the characters, themes, music, voice talent and storylines.
The company could also use the Shrek deal to acquire the rights to spinoff projects from the film franchise.
Disney is currently in talks with a producer about making a Shrek spinoff film.
Disney has also made a push to acquire Shrek’s rights to its music for use in the new Disney theme parks.
The studio has already made a pitch to Universal and Universal is reportedly ready to make a deal.
Universal is expected soon to announce the first two films in the Shrerek franchise.
Universal Pictures has already had talks with Warner Bros. to make the new animated feature a live-action film, which could mean the studio could also get a hold of the soundtrack.
Warner Bros.’ live-tour film adaptation of the Shrinks music has also been rumored for a long time.