DreamWorks Developing ‘Penguins of Madagascar’ Movie

Alan Schoolcraft and Brent Simons, who worked with the company on “Megamind,” have been hired to write

DreamWorks Animation has hired Alan Schoolcraft and Brent Simons to write a "Penguins of Madagascar" movie, TheWrap has confirmed.

The writers worked with the company on the 2010 "Megamind."

It's early in the project's life: there's no director, no release date, no story.

But the penguins are popular. The "Penguins of Madagascar" is in its second season on Nickelodean, and it's the No. 2-rated show on all of television for kids 2-11.

Meanwhile, the third installment of the "Madagascar" CG-animated series opens on June 8, 2012. The first two "Madagascar" movies have grossed $1 billion at the worldwide box office.

News of the spinoff first appeared in The Hollywood Reporter.