Warner Bros. Pictures has set a date for the next “Fantastic Beasts” installment, but Muggles will have to wait a few years to see it. “Fantastic Beasts 3” will premiere in theaters on November 12, 2021, with production currently scheduled to begin in the spring of 2020. The confirmation came from Ron Sanders, President, Worldwide Theatrical Distribution and Home Entertainment. Sanders added, “J.K. Rowling created an awe-inspiring universe that has captivated people of all ages, taking us on an extraordinary magical journey. Warner Bros. is so proud to be the cinematic home of the Wizarding World and is excited about the future of the ‘Fantastic Beasts’ franchise. We look forward to bringing the third chapter of the five-film series to audiences around the globe in November 2021.”

“We are incredibly excited about and have confidence in the ‘Fantastic Beasts’ series,” said Toby Emmerich, Warner Bros. Pictures Group chairman said in a statement on Monday morning. “We all believe this release date will give the filmmakers time and space to allow their artistry to truly flourish and deliver the best possible film to our fans.”

The first installment was called “Fantastic Beasts and Where To Find Them,” and it opened in theaters back in 2016. The first spinoff prequel of the iconic “Harry Potter” franchise made $74M domestically on opening weekend before grossing over $814M worldwide.

Directed by David Yates, who also worked on four of the “Harry Potter” films, the screenplay was written by J.K. Rowling herself. Eddie Redmayne and Katherine Waterston starred in the initial installment, alongside Ezra Miller, Dan Fogler, Colin Farrell, Fantastic Beasts, Jon Voight, Carmen Ejogo, and Ron Perlman.

The second film released in 2018, and “Fantastic Beasts: The Crimes of Grindelwald” failed to top the original at the box office. “Fantastic Beasts 2” debuted with a $62M opening and made $653M globally. Yates, Rowling, Redmayne, Waterson, Miller, and Fogler returned to the cast, which added Johnny Depp as the titular character alongside Jude Law.

While “Fantastic Beasts and Where to Find Them” enjoyed a 74% rating on Rotten Tomatoes, with a 79% ratings from audiences, “Fantastic Beasts: The Crimes of Grindelwald” did not meet expectations. The sequel currently stands with a 37% rating on the site, with an audience score of 57%.

Warner Bros. Pictures will announce the cast list and production crew when the third installment goes into production in 2020.

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