is set to debut in the next few months, but the film's third instalment has already been confirmed.
Variety reports that Jon M. Chu, who directed the sequel, has already signed on with Lionsgate for the third film.
With the first film's overwhelming box office success, Lionsgate CEO Jon Feltheimer predicted in 2013 that Now You See Me 2 would top the box office for the original comedy caper.
Now You See Me's plot is centered around a group of magicians who operate a multi-million dollar bank heist financed by an insurance magnate.
The film's all-star cast of Mark Ruffalo, Woody Harrelson, Jesse Eisenberg, and Michael Caine reprised their roles for the second instalment.
Lizzy Caplan replaced Isla Fisher while Daniel Radcliffe joined the line-up to play a problematic tech magnate.
Chu replaced director Louis Leterrier following the first Now You See Me film. Chu has previously directed Step Up 2: The Streets, Step Up 3D, and G.I. Joe: Retaliation.