High School Musical 3 Gets Green Light

Rejoice, all of you High School Musical fans! Disney just announced that all six of the HSM stars have made it official, signing on for High School Musical 3: Senior Year!

You know what that means… Zac Efron, Vanessa Hudgens, Ashley Tisdale, Corbin Bleu, Monique Coleman, and Lucas Grabeel will be plastered across movie theater screens all over the world.

Ashley Tisdale told press, "I'm excited. But it's going to be sad. It seems like it will be graduation and I'll be crying while we're filming."

And director Kenny Ortega commented, "I am the luckiest guy in the world and I know it. This will be our last time together and I love working with these kids so much. It's going to be great."

With a third installment of the HSM franchise, these kids are going to be making some serious money. And Zac Efron and Vanessa Hudgens were spotted in Studio City, California this past Sunday, spending some of their loot at Urban Outfitters.

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To watch a sneak preview of HSM3 - Click Here!

Enjoy the pictures of Zac and Vanessa out shopping at Urban Outfitters over the weekend (January 13).