Universal Pictures announced this afternoon that The Boss Baby 2 is happening. The film, which will feature Alec Baldwin’s voice again, will be released on March 26, 2021.

Universal’s parent conglomerate, Comcast, purchased Dreamworks Animation last year. Comcast seems to be pleased with the performance of recent Dreamworks movies; the company also recently announced a Trolls sequel, slated for April 10, 2020.

The Boss Baby sequel will be released by Universal Pictures, which takes over the release of Dreamworks features after Fox distributes Captain Underpants: The First Epic Movie next month.

To date, The Boss Baby has grossed $167 million domestically and $301.4 million internationally for a global total of $468.4 million. It marks the strongest global launch for an original Dreamworks IP since The Croods earned $587.2M worldwide in 2013.

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