Even though Walt Disney Studios hasn’t given the official green light to the next Muppet Movie, they are setting a release date. The project is currently in the hands of Forgetting Sarah Marshall writers Jason Segel and Nicholas Stoller, with Flight of the Conchords helmer James Bobin attached to direct. As of today, the film will hit theaters Christmas Day 2011 (December 25th for those keeping score).

The news came via Entertainment Weekly, who are still calling the film the Untitled Muppet Movie. This is where it gets fun, as neither Stoller nor Segel have commented on the film’s official title. It’s been called The Cheapest Muppet Movie Ever Made and The Greatest Muppet Movie Ever Made. Personally, I’m still smitten with the latter.

Peter Sciretta has a more in-depth account of the film’s plot: “Segel will play the lead role, a human named Gary, whose best friend is the puppet bear Walter. Together they go on a journey with Gary’s girlfriend Mary to defeat the evil Tex Richman, a man who doesn’t find the Muppets funny and thinks he can smell oil beneath their studio.”

For the most part, all of the right pieces are coming in to place on this one. Can anyone out there think of a reason why this movie won’t be interesting? I sure can’t. Hopefully they will churn out a product that would’ve made Jim Henson proud.

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