https://www.cnet.com/news/a-new-shrek-project-is-coming-but-some-think-it-goes-ogre-the-line/

A source confirmed that "a Shrek project is in development at DreamWorks Animation." Meledandri oversees DreamWorks and Illumination, which are both owned by Universal.

But not all fans think Shrek needs a cinema shakeup. And others think that if the original cast is back, it's not even a shakeup to begin with.