Return of the Panda

The sequel to "Kung Fu Panda" will once again star Jack Black, Angelina Jolie and other original cast members and will be directed by Jennifer Yuh Nelson, head of story on "Kung Fu Panda." It will be produced by Melissa Cobb. Jonathan Aibel and Glenn Berger, who wrote and co-produced the original film, will also be returning.

DreamWorks Animation's CEO, Jeffrey Katzenberg, said, "We are thrilled to reunite the creative team that made 'Kung Fu Panda' such a global success. Because of their imaginative work, Po's path to heroism proved popular with moviegoers of all ages around the world."

Bill Damaschke, Co-President of Production and President of Live Theatrical, added, "The story of 'Kung Fu Panda' provided a great introduction to these characters and afforded wonderful opportunities to further expand on the world we created in ancient China. Quite simply, there's more story to tell."

The 2011 date means that "Panda" will be sharing the summer box-office schedule with Disney/Pixar's "Cars 2," which Disney moved last week from a 2012 release to summer 2011.