Set in the Australian outback, the all-animal comedy is written by Harry Cripps and produced by Christina Steinberg.
"Our whole team is incredibly excited about this project," Dreamworks Animation's Chief Creative Officer Bill Damaschke said in a statement Friday. "We've been looking to work with the immensely talented Tim Minchin on something for a while, and there is no doubt that this project is a perfect fit. He and Harry Cripps will be a fantastic team."
Minchin, who will likely take on a larger creative role in addition to writing the music/lyrics for the film, co-wrote "Matilda the Musical," which was awarded a 2012 Olivier Award for Best New Musical and is nominated for 12 Tony Awards including Best Musical Score.
"I was lucky enough to grow-up in Western Australia and know that the Australian outback is vast and spell-binding and heart-stoppingly beautiful, and the characters that inhabit it are unique and hilarious and tough and cheeky. I am hugely excited to be working with Harry and the DreamWorks Animation team in their mission to capture some of this unique aesthetic and quirky, iconoclastic culture on film. It's going to be bloody good fun," Minchin said.
No casting or release date for the film have been announced.