If Myers feels confident that Austin Powers 4 is “looking good,” then it seems that the men finally thought of a worthwhile idea.
Two years back, Jay Roach, who directed all three of the Austin Powers movies, stated that Austin Powers 4 was in a “latent phase,” but that might change if he and Mike Myers found the right idea.
A year later, Myers echoed that sentiment, saying that they didn’t want to make Austin Powers 4 until they came up with something that “lived up to the concepts” in their minds.
Mike Myers Says 'It's Looking Good' That We'll See Another 'Austin Powers' Movie | Access