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18 April 2016 7:03 AM, PDT | Variety - Film News | See recent Variety - Film News news »

Jon M. Chu is returning to the director’s chair for Lionsgate’s “Now You See Me 3,” Variety has learned exclusively.

The studio struck a deal with Chu nearly two months before it releases his “Now You See Me 2” on June 10 — a signal that it believes the sequel will perform in the same range as the 2013 original, which took in $351.7 million worldwide.

CEO Jon Feltheimer announced nearly a year ago during a conference call with analysts that Lionsgate had already started planning for the third film, but gave no details.

Mark Ruffalo, Woody Harrelson, Jesse EisenbergDave Franco, Morgan Freeman and Michael Caine are reprising their roles for “Now You See Me 2,” while Lizzy Caplan has replaced Isla Fisher and Daniel Radcliffe has joined the cast.

Feltheimer said at the time that Lionsgate believed that “Now You See Me 2” would top the gross for the original »


- Dave McNary

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