The new film is entitled 'Pandamonium' and schedule to be released June 3, 2011, says Variety.
Angelina Jolie and Jack Black have signed on to return and lend their voices to the film, says the trade paper.
The animated film, which has grossed more than $626 million worldwide and earned the title of the film studio’s highest grossing non-sequel, will also be released to IMAX theaters, Variety reports.
The DVD and Blu-ray release of 'Kung Fu Panda' will hit stores on Nov. 9.






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