Big news for fans of the "Now You See Me" series: the franchise is expanding with not one, but two new installments. The third film, officially titled "Now You See Me: Now You Don’t," is set to hit theaters on November 14, 2025, as confirmed by Adam Fogelson, chair of Lionsgate Motion Picture Group, during CinemaCon. Additionally, a fourth film is already in the works, directed by Ruben Fleischer, who has signed on to develop and helm this new chapter of the action-heist series. The franchise has already grossed $700 million worldwide.

The first two films featured stars like Jesse Eisenberg, Woody Harrelson, Isla Fisher, Dave Franco, and Morgan Freeman. The third installment, "Now You See Me: Now You Don’t," will introduce a new generation of illusionists, including Justice Smith, Dominic Sessa, and Ariana Greenblatt, alongside returning star Rosamund Pike. Fleischer, who previously worked with Eisenberg and Harrelson in his debut film "Zombieland," also directed the successful films "Uncharted" and "Venom," which grossed over $400 million and $850 million globally, respectively.

Bobby Cohen, the original developer and producer of the series, will return to produce "Now You See Me: Now You Don’t" along with Alex Kurtzman of Secret Hideout. Meredith Wieck will oversee the project for Lionsgate.

Adam Fogelson praised Fleischer's work, saying, “Ruben has delivered all of the twists and turns and sleight-of-hand that audiences expect from this franchise while upping the stakes and scale in every way. We can’t wait for audiences to discover what he’s done with the third film and [are] thrilled he’ll be making even more magic with us.”

Fleischer expressed his enthusiasm, stating, “Directing Now You See Me: Now You Don’t was as much fun as making any movie in my career. It combines two of my favorite things — heist movies and magic — and working with this incredible cast was truly magical. Of course I want to keep it going.”

IGN's reviews of the previous films were mixed. The first "Now You See Me" received a 6.3/10, with the review stating, “Now You See Me seemed so promising, but it squanders its cool cast and nifty premise on smarmy, shallow characters and a flimsy, nonsensical plot.” The sequel, "Now You See Me 2," scored a 6.2, with the comment, "Now You See Me 2 isn't the worst magic act in town, but it's all flash and no substance."