DreamWorks Animation announced today, in a conference call to its shareholders, that their hit film How to Train Your Dragon will get a sequel, which will arrive in theaters in 2013. Here's an excerpt from the press release, which announced its 2010 first quarter financial results.
"2010 is off to a strong start, thanks in large part to the performance of How to Train Your Dragon, which - having grossed nearly $375 million to date in worldwide box office - has become DreamWorks Animation's next franchise. We plan to release the sequel theatrically in 2013," said Jeffrey Katzenberg, CEO of DreamWorks Animation. "3D continues to have a tremendous impact on the industry at large and we are now looking forward with great anticipation to bringing Shrek Forever After, the final chapter in our beloved Shrek series and the first in 3D, to audiences across the globe next month."
How to Train Your Dragon, which was released on March 26, 2010, contributed $59.7 million of revenue to the quarter, driven primarily by merchandising and licensing activities. It has reached approximately $180 million in domestic box office and approximately $195 million in international box office to date.
We'll be sure to keep you posted on any further details regarding a How to Train Your Dragon sequel as soon as more information is available.