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Despicable Me 2

The result is now a momentum changer for Universal on several fronts. Despicable Me ended a prolonged hit pic slump. It plugged the studio into a hot family film marketplace after a series of adult dramas failed to earn back their oversized budgets. Most importantly, Despicable Me is the first Universal film in a while where the studio doesn't have to defend the costs and first dollar gross outlays. The film was made for $69 million with little or no gross out the door. It is a fresh IP with a sequel already in the works: Despicable Me 2 talks are already underway among the studio, Meledandri, and writers Cinco Paul and Ken Daurio.

Source: Deadline Chris Meledandri's Illumination Game Plan Includes 'Despicable Me' Sequel, 'Minion' Spinoffs, Dr. Seuss, The Addams Family

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