Despite the fact that Fantastic Beasts: The Crimes of Grindelwald’s opening weekend barely ended, the autopsy has already begun on the third film in the planned five-movie series, which only managed $43 million in its first three days in theaters.
The return on investment isn’t terrible by the standards of a pandemic, but the Wizarding World is held to far more stringent criteria than other enterprises. After all, it’s been one of Warner Bros.’ most lucrative cash cows for over 20 years, and you can bet that the studio won’t abandon the prequel series until things get so horribly
Despite poor reviews, The Secrets of Dumbledore continues to do well internationally, with the franchise’s worldwide run total outside of the United States now exceeding $150 million after ten days on release. Based on current expectations both at home and abroad, Fantastic Beasts 3 has a shot at reaching anywhere from $400 to $450 million globally.
Fantastic Beasts 3 will likely be the franchise’s swan song, and it won’t even be that great. Given the reported $200 million budget plus additional marketing and distribution expenses, it may not even turn a profit. Fantastic Beasts 4 and 5 don’t have scripts yet, so fans will be anxiously waiting for further news on Newt Scamander