According to this Variety piece, an animated movie of Spyro the Dragon's in the works. Blimey.
Velvet Octopus has a five-pic deal with producer Ash Shah, which includes two more 3-D projects, both CGI animated — “Outback,” the story of a white koala bear, and “The Legend of Spyro,” a spin-off from the best-selling video game.
No further details. And that's that.