‘Shrek 5’ is in the works with the original cast in talks

A new “Shrek” movie is getting the green light.

Illumination CEO and founder Chris Meledandri revealed Tuesday that he and Dreamworks studios are looking to reboot the “Shrek” franchise by bringing back the original voice actors for a fifth film, reports Variety.

“It’s not that dissimilar to the process that we went through with ‘Mario,’ where you look at what the core elements are that audiences have loved, and you do your very best to honor those core elements,” said Meledandri. “And then you’re hard at work to build story elements and new characters that take you to brand new places. The original cast is a huge part of that.”

As of Tuesday, Meledandri, 63, said there are no firm deals with Mike Myers, Cameron Diaz or Eddie Murphy but negotiations were being held.

“We anticipate the cast coming back. Talks are starting now, and every indication that we’ve gotten is there’s tremendous enthusiasm on behalf of the actors to return,” gushed Meledandri.

The Post reached out to Myers, Diaz and Murphy for comment.

Released in 2001, the original “Shrek” film grossed nearly $492 million at the box office and spawned three other films and several spin-offs.

The franchise later became a pop-culture staple and spawned several memes and iconic moments including a cover of Bonnie Tyler’s “Holding Out for a Hero.”

While both Myers and Diaz have yet to make an official statement, Eddie Murphy has expressed his desire to reprise his role as Shrek’s faithful donkey sidekick.

“If [DreamWorks] ever came with another ‘Shrek,’ I’d do it in two seconds. I love Donkey,” said Murphy, 62, in a January interview with Variety. “They did ‘Puss in Boots’ movies. I was like, ‘They should have done a Donkey movie.’ Donkey is funnier than Puss in Boots.’ I mean, I love Puss in Boots, but he ain’t funny as the Donkey.”

According to the outlet, Meledandri was reportedly “thrilled” with Murphy’s comments.

“It’s evidence of his strong enthusiasm for a role that he so brilliantly inhabited and really created alongside the artists at DreamWorks. I found that comment to be very exciting.”

Meledandri also teased the possibility that Donkey might get his own spin-off films.

Several Twitter users went nuts when the news broke.

“EVERYONE GET UP REAL CINEMA IS BACK,” said one user.

“We will all be watching,” said a second person.

“I’m gonna cryyyyy this is so great,” gushed a third person.

As of Tuesday, there have been no plot details or release date has been announced.