DreamWorks Animation and its recently renewed CEO Jeffrey Katzenberg today unveiled big announcements for the studio's animation plans through 2012, with new sequels for the "Shrek," "Kung-Fu Panda," and "Madagascar" franchises and parts for Robert Downey Jr. and Tina Fey in next year's "Oobermind." The flurry of announcements came during an investor's call in which Katzenberg also issued an edict that all forthcoming Dreamworks Animation features will be produced in 3-D.

"We now have three very successful franchises, but we also want to tell new stories," DWA co-prexy of production Bill Damaschke told Variety. "Now, in addition to one or two sequels a year, we’ll have a new original as well." Read more...

- A big hand for Shia LaBeouf, who reportedly returned to work today on “Transformers: Revenge of the Fallen.” (Film School Rejects)

- Edgar Ramirez hops on board the Joe Carnahan express, will portray Pablo Escobar in director’s film about the infamous drug lord. (CHUD)

- Jeffrey Katzenberg plans for a third “Madagascar,” a second “Kung-Fu Panda,” my head exploding. (Coming Soon)

- The flight of the “Valkyrie” continues. Tom Cruise Nazi movie will now open the day after Christmas. (Hollywood Elsewhere)

- Toronto International Film Festival announces its special presentation lineup. (/film)