"Shrek 2" premiered at the 2004 Cannes Film Festival, where it competed for the Palme d'Or, and it was released in theaters on May 19, 2004. Met with highly favorable reviews like its predecessor, the film grossed US$919.8 million worldwide. It scored the second-largest three-day opening weekend in U.S. history and the largest opening for an animated film at the time of its release. It went on to become the highest-grossing film of 2004 worldwide. "Shrek 2" is also DreamWorks Animation's most successful film to date, and it held the title of being the highest-grossing animated film of all time worldwide until "Toy Story 3" surpassed it in 2010. The film received two Academy Award nominations for Best Animated Feature and Best Original Song, and its associated charted in the Top 10 on the US "Billboard" 200. A sequel to the film, "Shrek the Third", was released in May 2007.