Shrek 2, released in the United States on 19 May 2004, is the 2004 sequel to the 2001 computer-animated DreamWorks Pictures film Shrek. In April 2004 the film was selected for competition at the 2004 Cannes Film Festival. There are more Shrek movies to follow according to Jeffrey Katzenberg. 'We didn't have the guts to tell anybody when we started out, (but) we have two more chapters to tell. Not unlike Peter Jackson did with The Lord of the Rings. The difference is they did have the guts to make all three of them back to back to back.'Shrek 2 scored the fourth largest three day opening weekend in US history, as well as the largest opening for an animated movie until 18 May 2007, when it was eclipsed by its sequel Shrek the Third. As of 2006, it is the 3rd highest box office grossing film of all time in the United States. Worldwide, it is the ninth highest-grossing film of all time. It went on to be the most successful film in 2004. The associated soundtrack reached the top ten of the Billboard 200. It is also the highest grossing animated film of all time (seventh after adjusting for inflation ).