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Paramount planning more SpongeBob SquarePants movies

Paramount Pictures has announced that they’re moving forward with a new SpongeBob SquarePants movie for a late 2014 release date [via THR]:

“We will be releasing a SpongeBob movie at the end of 2014, which will serve to start off or be one of our films that starts off our new animation effort,” Viacom president and CEO Philippe Dauman revealed.

“The SpongeBob SquarePants Movie” was released in 2004 and grossed $140.16M worldwide ($85.42M domestic / $54.74M foreign).

More details at THR