The Fantastic Beasts franchise was canceled after the third film.

Director David Yates reportedthat the studio Warner Bros. "parked" the Fantastic Beasts franchise starring Eddie Redmayne.

It was previously believed that Harry Potter author JK Rowling was developing a five-part series. The filmmaker said that no one had ever talked about this seriously.

At the same time, he is confident that in the future this series about wizards will return to screens.

A total of three films have been released - Fantastic Beasts and Where to Find Them (2016), The Crimes of Grindelwald (2018) and Dumbledore's Secrets (2022). The latest installment barely broke even, earning just $407 million at the worldwide box office. After this, many doubted that the studio would give the green light to a sequel. Now the worst fears of fans of the universe have become reality.

Rowling was the sole screenwriter for the first two films. Then Stephen Kloves joined her. Yates is considered a true veteran of the franchise. He directed all three parts of the prequel, as well as the last four episodes of Harry Potter.