Universal and DWA announced the news Thursday. The animated movie will hit theaters on March 26, 2021.
The Boss Baby, about a power-obsessed infant voiced by Baldwin, has been a sleeper hit at the global box office, earning $468.4 million to date. The North American haul is $167 million, while Boss Baby has earned $301.4 million overseas.
The film, opening in theaters on March 21 of this year, coincided with Baldwin’s standout ongoing impersonation of President Donald Trump on Saturday Night Live.
The budding Boss Baby film franchise is based on Marla Frazee’s picture-book series about the Templeton family’s newest addition, an adorable, drooling infant who craves glory, wants a golden toilet and imagines his portrait hanging on the walls for eternity.
Last year, NBCUniversal bought Jeffrey Katzenberg’s DWA for $3.6 billion. Universal will take over the marketing and distribution of all DWA movies from Fox following the release of Captain Underpants on June 2.