The studio will make a follow-up to Seth MacFarlane's box office hit - a comedy about a teddy bear that comes to life, starring Mark Wahlberg and Mila Kunis - and they want to get the project started as soon as they can.
As well as a sequel to "Ted", which grossed close to USD 400 million worldwide, Universal have also confirmed another film will be released in the 'Bourne' franchise, reported Contactmusic.
The fourth instalment of the action thriller - which starred Jeremy Renner and Rachel Weisz - was a hit at the box office and producers want to explore their characters more in another film.
"We're gonna follow Jeremy's character. Everything else is wide open. That's the great thing about this now. The table is set to go any direction we want to. But we will, I'm sure, follow Jeremy and see what happens. Jeremy and Rachel," said producer Frank Marshall.