Paramount Skydance Eyes Streamlined Merger with Warner Bros Discovery Amid $60 Billion Offer Rejection 
California Seeks Paramount Divestitures in Warner Bros. Merger 
Netflix’s Bid for Warner Bros Discovery Aims to Cut Streaming Costs and Reshape the Industry 
FCC Chair Brendan Carr to Testify Before Senate Commerce Committee Amid Disney-ABC Controversy 
Netflix Shuts Down Boss Fight Entertainment, Developer of “Squid Game: Unleashed” Amid Gaming Strategy Shift 
Disney Investors Demand Records Over Jimmy Kimmel Suspension Controversy 
Warner Bros. Discovery Shares Rise as Newsom Pushes Settlement in $110 Billion Merger Fight 
Google and NBCUniversal Strike Multi-Year Deal to Keep NBC Shows on YouTube TV 
Trump Threatens Legal Action Against Disney’s ABC Over Jimmy Kimmel’s Return 
Mexico Probes Miss Universe President Raul Rocha Over Alleged Criminal Links 
Trump Slams Super Bowl Halftime Show Featuring Bad Bunny 
Tennessee Plans to Rename Nashville Airport After Dolly Parton 
Trump Proposes Two-Year Shutdown of Kennedy Center Amid Ongoing Turmoil 
Trump–Kushner Links Raise Concerns as Paramount Pushes $108B Warner Bros Discovery Bid 
Add as a preferred source on Google
It has been several years since fans heard updates about the future of the “Now You See Me” franchise from producer Lionsgate. This may have led some to think that the studio probably abandoned its plans to make “Now You See Me 3.”
However, it should be noted that Lionsgate previously confirmed it has quite a grand plan for the future of the movie series. Aside from “Now You See Me 3,” it was widely reported a few years back that Lionsgate is working on a Chinese spin-off film.
‘Now You See Me 3’ production, updates: 3rd movie announcement happens after Chinese spin-off?
The making of the spin-off movie was confirmed in 2016, over a year after Lionsgate also revealed that the planning for “Now You See Me 3” already started. The spin-off, THR reports, will be a collaboration between the Hollywood studio and the China-based production company Leomus Pictures.
If one would speculate, it seems unlikely to have “Now You See Me 3” and the Chinese spin-off title be released on dates close to each other. The second movie’s box office revenue was mostly generated in China. The Numbers reports that the 2016 movie earned more than $42 million in its opening weekend in China, which is almost double the numbers generated in the United States within the same period.
Overall, 80 percent ($269 million out of $334 million) of the second movie’s box office revenue came from the worldwide audience, with the Chinese moviegoers accounting for more than $97 million. Meanwhile, the US theatrical release of the sequel only garnered over $65 million. This means that China is an important region for the success of “Now You See Me 3.” And it would not be the wisest move to release the third film before or sometime close to the premiere of the series’s spin-off that will reportedly be filmed in China and with a cast of mostly Chinese actors.
‘Now You See Me 3’ release date and production updates are still elusive
Production updates have been scarce regarding “Now You See Me 3” and the Chinese spin-off of the magic-themed heist thriller series. However, the production studios involved in making these movies appeared to have given efforts in starting these projects as early as 2015. So until a report confirms that these titles will no longer make it onto the big screen, movie fans will just have to be a little more patient.
