DreamWorks Animation CEO Jeffrey Katzenberg says it’s a tossup right now over whether there will be a sequel to its 3-D animated feature film Monsters vs. Aliens.
Katzenberg addressed analysts and journalists Tuesday about the film, which grossed an impress $197 million domestically, but fell short overseas with receipts of $177 million.
“This is the first movie we’ve had that’s right on the bubble,” Katzenberg told The Hollywood Reporter. The film did well in some territories, and flopped in others.
DreamWorks plans to discuss the possibility of a sequel on its worldwide marketing tour before coming to a decision. In the meanwhile, the studio is proceeding with a holiday special for the franchise, titled Monsters vs. Aliens: Mutant Pumpkins From Outer Space. The special is scheduled to air on NBC.
