The first trailer for "Shrek 5" has arrived, reuniting Mike Myers, Eddie Murphy and Cameron Diaz as Shrek, Donkey and Fiona for the franchise's first new film in 17 years. The movie introduces Shrek and Fiona's now-grown children, voiced by Zendaya, Marcello Hernandez and Skylar Gisondo, as the family embarks on a new adventure through Far, Far Away. The trailer features updated animation, plenty of jokes, a creepy parody of Frozen's Olaf, and ends with Shrek, Fiona, Donkey and the kids all landing in jail while Donkey belts out classic songs. "Shrek 5" is scheduled to hit theaters on June 30, 2027.