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 Is Still Happening, Will It Be a Complete Reboot?

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

Evan Jacobs