"Meet the Fockers" Sequel Update

FoxNews is reporting that a third "Meet the Parents" movie, a sequel to "Meet the Fockers," is moving along. Robert De Niro and Blythe Danner would return as grandparents to Ben Stiller and Teri Polo's babies. Dustin Hoffman and Barbra Streisand are set to return as well.

Back in May, director/producer Jay Roach revealed that the third movie would focus on parenthood and be called "Little Fockers," but "we're just trying to find the right story that makes it worth doing again," he said.

The "Meet the Parents" franchise has become one of the most lucrative for Universal Pictures. The first film earned over $330 million in worldwide ticket sales on a $55 million budget. The sequel brought in $516 million on a $80 million budget.