According to The Hollywood Reporter, Tom Wheeler will pen the Shrek spinoff Puss in Boots for DreamWorks Animation.

The popular Antonio Banderas-voiced character will get his own stand-alone film.

The Shrek franchise is a multibillion-dollar property that has made over "$2 billion worldwide in theaters, tens of millions of DVDs sold and merchandising in every toy store."

RELATED: Shrek 5 Script Is Finished, Will Eddie Murphy Return as Donkey?

Shrek Goes Forth, the fourth installment in the franchise, is set to debut in theaters May 21, 2010.

Evan Jacobs at Movieweb
Evan Jacobs