‘Fantastic Beasts 4’ is no longer set to take place after the box office disappointment of ‘The Secrets of Dunbledore,’ which only grossed $400 million worldwide.
The CEO of Warner Bros. Discovery’s David Zaslav said he was open to working with controversial author JK Rowling again on another ‘Harry Potter’ film, but confirmed there were no more ‘Fantastic’ films. Beasts” in development.
Initially, the idea of the studio was to make five films of the story based on “Fantastic Beasts”.
The Wrap revealed that sources linked to Warner Bros. Discovery said the company is planning a reboot of the movie franchise based on the “Harry Potter” saga.
This is because the executives are extremely unhappy with the latest film’s box office.
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Budgeted at $200 million, the sequel proved just how much the franchise has faltered over the years and only grossed $400 million.
Recalling that ‘The Crimes of Grindelwald’ (2018) closed its box with 659 million dollars at the global box office. The first film, released in 2016, grossed $814 million.
Additionally, ‘Dumbledore’s Secrets’ received only 47% positive reviews from critics, which is the second lowest approval percentage of the trilogy, behind ‘The Crimes of Grindelwald’ (36 %).
As of now, there are still no clues as to what new directions the franchise will take on the big screen.