A return to the kingdom far, far away will have to wait until May 2007, DreamWorks says in their quarterly report. "Shrek 3"’s move from the original release of November 2006 to May 2007 will allow the studio to take advantage of the summer moviegoing crowd for the theatrical version, and the holiday shopping season for the DVD release. "Shrek 3" is the followup to DreamWorks’ highly successful franchise about the adventures of a giant green ogre named Shrek.