Lionsgate has confirmed that they are in the early stages of developing Now You See Me 3, despite the fact that Now You See Me 2 is over a year away from debuting.
During the company’s conference call with analysts to discuss quarterly earnings, CEO Jon Feltheimer said, “We’ve already begun early planning for Now You See Me 3.”
Following the massive successes of Twilight, The Hunger Games and The Divergent Series, the studio wants to continue its strategy of focusing on franchises.
WATCH: Jesse Eisenberg and Dave Franco Interview and Set Visit For ‘Now You See Me’
The second film, Now You See Me: The Second Act, features Mark Ruffalo, Woody Harrelson, Jesse Eisenberg, Dave Franco, Morgan Freeman and Michael Caine reprising their roles. Lizzy Caplan joins the team, replacing actress Isla Fisher, along with newcomer to the series Daniel Radcliffe. The sequel, directed by Jon M. Chu (G.I. Joe: Retaliation), has officially wrapped up production and is set to release June 10th, 2016.
The studio is predicting the film will end up exceeding the $350 million grossed by the original in 2013.
