The previous film in the Harry Potter prequel franchise, Fantastic Beasts: The Crimes of Grindelwald, earned $653 million at the worldwide box office.
The third installment will again be directed by David Yates from a screenplay written by J.K. Rowling and Steve Kloves.
Warner Bros. is currently recasting the role of Gellert Grindelwald following Depp’s exit.
The first two Fantastic Beasts movies were directed by David Yates, from a screenplay by J.K. Rowling, and produced by David Heyman, J.K. Rowling, Steve Kloves, and Lionel Wigram.