Lionsgate confirms to start working on 'Now You See Me 3'

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'Now You See Me 3' is already in the works, according to Lionsgate. Though the second installment has not been released until 2016, the management is already eager to start producing the third installment. Grossing more than $350 million worldwide, 'Now You See Me' proved that the film was not just about ordinary robber-magicians.

'Now You See Me: The Second Act' is scheduled for release on June 20, 2016. Though the film had just finished filming, Lionsgate announced that they are going to start working on the third installment. The first film grossed above $350 million from a budget of $75 million, which maybe made it easier for the producers to make a sequel.

In the second installment of the franchise, Lizzy Caplan and Daniel Radcliffe were added as new cast members. The original cast Morgan Freeman, Jesse Eisenberg, Mark Ruffalo, Woody Harrelson, Dave Franco and Michael Caine reprised their roles. Louis Leterrier, the director of the original movie was replaced by John M. Chu.

The movie will still focus on The Four Horsemen being led by Jesse Eisenberg, Dave Franco, Woody Harrelson and Isla Fisher. Still doing some bank robbing and stealing from a rich people, The four Horsemen were trailed by the two detectives Melanie Laurent and Mark Ruffalo. Little did magicians know that Mark Ruffalo is the one leading them into some magicians' ancient order.

Lionsgate CEO Jon Feltheimer confirmed that they plan to start working on the third installment of the 'Now You See Me' franchise. Feltheimer is very much confident that the second installment will gross more than the first film.

Lionsgate is much known today as the 'master' of movie franchising. From the novels to films like 'Twilight,' 'The Hunger Games' and 'Divergent,' Lionsgate has proven the movie industry that they can make great films not based on books alone, but also with an original concept like 'Now You See Me.'

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Mark Ruffalo, Daniel Radcliffe

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