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Summit Entertainment Plans 'Now You See Me' Magician Heist Sequel

by
August 9, 2013
Source: THR

Now You See Me

Earlier this year, the flashy magician heist movie Now You See Me made susprising waves at the box office on Memorial Day weekend, and the film has pulled in over $233 million worldwide on a budget of just $75 million. And with openings in China, Australia and Japan still coming, the film will undoubtedly be an even bigger success, which has Summit Entertainment and their sister company Lionsgate developing a sequel. However, no writer or director is attached to the project just yet, and it's not clear if stars Jesse Eisenberg, Isla Fisher, Dave Franco, Woody Harrelson and Mark Ruffalo would all be returning.

What's really sad about the news from THR, is that all of this talk about a sequel is merely based on the box office numbers. Lionsgate CEO Jon Feltheimer says, "This is a perfect example of how we're benefiting from the unique international infrastructure of output deals, joint ventures and self-distribution we've set in place to maximize value and minimize risk."  These output deals have resulted in bigger box office numbers in countries like Russia. That's great for the bottom dollar, but it'd be nice to hear studios talking about a sequel and mentioning how they have a great story lined up first. Otherwise, moves like this feel like nothing more than a cash grab from a movie that was an average piece of standalone entertainment.

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  • Drejhead
    Who cares if the decision is based only on the box office numbers. Most sequels are. I'm just glad there will be another one, cause Now You See Me was the most entertaining thing I've seen all summer. I'd rather an unplanned sequel based on $ for Now You See Me than another Wolverine based on a need to hold onto rights
    • Money can be fun
      Well said. Making money is a worthwhile activity and studios willing to do so are encouraged. Having extra cash helps fund new ideas for a movie and also take risks like this movie,you know. Nothing was guaranteed that it would be such a success after all . They took a gamble,it worked. Time to cash in. Nothing wrong with that.
  • http://mithunonthe.net/ Mithun Divakaran
    "Otherwise, moves like this feel like nothing more than a cash grab from a movie that was an average piece of standalone entertainment." You just summed up most 'franchise' movies.
  • Matthew Sam Russell
    urgh i was so let down by that film, the whole thing hyping a big trick that never really materialises. Shame because all the actors did superb
  • kkommie
    it was a great movie not average

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