Shrek the Third (also known as Shrek 3) is a 2007 American computer-animated fantasy comedy film, and the third installment in the Shrek franchise. It was produced by DreamWorks Animation and is the first in the series to be distributed by Paramount Pictures which acquired DreamWorks Pictures in 2006 (the former parent of DWA). It was released in U.S. theaters on May 18, 2007 (exactly six years after the first film). Although the film received mixed reviews from critics, it grossed $798 million, making it a commercial success.
It was produced with the working title of Shrek 3, the name being changed to avoid potential confusion with Shrek 4-D. Like the first two Shrek films, the film is based on fairy tale themes. It was nominated for Best Animated Movie at the 2008 Kids' Choice Awards, but lost to Ratatouille. It was also nominated for the BAFTA Award for Best Animated Film at the 61st British Academy Film Awards. This film also pairs former Monty Python members Eric Idle and John Cleese for the first time since 1993's Splitting Heirs (Idle plays Merlin, Cleese plays King Harold).