Katzenberg Planning 3rd Madagascar , 2nd Kung Fu Panda

DreamWorks Animation CEO Jeffrey Katzenberg expects at least one additional “Madagascar” sequel after Madagascar: Escape 2 Africa and said that the studio, as was previously rumored, has also begun talks aimed at creating a sequel to its summer hit Kung Fu Panda.

Katzenberg said “Escape 2 Africa” is the “second chapter in one story,” adding that “there is at least one more chapter. We ultimately want to see the characters make it back to New York.”

An announcement about a Kung Fu Panda sequel could come within two months.

“We’ve started conversations about it, and I think in the next 30 or 60 days, we’ll be able to talk completely about that,” Katzenberg said.

Kung Fu Panda has earned $560 million worldwide. In 2005, Madagascar took in $530 million globally.

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