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Shrek 5

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We have addressed this on two thread's already. The DWA Accquisition thread and the Future of Shrek4D thread.

And as for how truthful it is, Several high ranking sources have spoken about this being something that Comcast intends to do.
 
What are the statuses of your next projects, Shrek 5 and Hotel Transylvania 3?

Shrek 5 is being developed. I finished that script which I really, really, really love. It’s really personal to me. It’s got a pretty big reinvention behind it that I guess I can’t really reveal, but since DreamWorks was sold to Universal in that time for over $3 billion, I imagine they’re particularly interested in it stepping up and actually figuring out the future of the franchise in that way on the corporate level. Reinvention was sort of called for. There’s been four movies and a lot of material, so the characters are pretty beloved and they’re great characters, but you also have to think of apretty new take at that point.

‘Boss Baby’ Screenwriter on Trump References, Office Jokes and 'Shrek 5' (Q&A) | Hollywood Reporter