The previous film in the Harry Potter prequel franchise, Fantastic Beasts: The Crimes of Grindelwald, earned $653 million at the worldwide box office.
Now, Deadline has also confirmed that Warner Bros’ Fantastic Beasts 3 will also not be pushing through with its scheduled production start date in London.
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.
The film is set to be released later this on December 11.