Lionsgate is bringing back the magic — and the misdirection — with the upcoming release of Now You See Me: Now You Don’t, the third installment in its successful magician-heist franchise. Officially revealed with a brand-new trailer, the film reunites the fan-favorite Four Horsemen for their most daring scheme yet, blending showmanship, illusion, and cinematic sleight of hand.
Jesse Eisenberg, Woody Harrelson, Dave Franco, and Isla Fisher reprise their roles as master illusionists Danny Atlas, Merritt McKinney, Jack Wilder, and Henley Reeves. After sitting out the second film, Fisher’s return signals a reset of sorts for the franchise — one that promises to recapture the chemistry and intrigue of the original ensemble. Morgan Freeman is also back as Thaddeus Bradley, continuing his enigmatic role as the series' moral wildcard. Meanwhile, Mark Ruffalo’s return as Dylan Rhodes has been hinted at but remains unconfirmed.
This time, the Horsemen are said to be drawn out of a quiet retirement for one last, high-stakes mission: to steal a priceless diamond under nearly impossible conditions. The plot, as teased by the trailer, will incorporate new illusions, global locations, and the kind of layered deception that has defined the franchise since its 2013 debut.
Joining the returning cast are rising stars Ariana Greenblatt (Barbie, 65), Dominic Sessa (The Holdovers), Justice Smith (Detective Pikachu), and Rosamund Pike (Gone Girl). Their characters are being kept under wraps for now, but early footage from CinemaCon 2025 suggests that some of them may be part of a new generation of illusionists, possibly setting up the future of the franchise.
Behind the camera, Ruben Fleischer takes over directorial duties from Jon M. Chu, bringing with him experience from genre hits like Zombieland, Venom, and Uncharted. Fleischer praised the project during a CinemaCon presentation, describing it as "the most fun [he's] had making a movie" and citing his love of both heist thrillers and magical theatrics. Production was split between Budapest and Belgium throughout 2024, adding a distinctly European flair to the visual style of the film.
The screenplay was co-written by Seth Grahame-Smith, Michael Lesslie, and the acclaimed duo Paul Wernick and Rhett Reese — best known for their work on the Deadpool franchise. The writing team brings a blend of comic timing, narrative subversion, and character depth, promising a script that both honors and reinvents the franchise's legacy.
Lionsgate Motion Picture Group chair Adam Fogelson confirmed at CinemaCon that a fourth film is already in development, signaling the studio’s confidence in the continued appeal of the series. “We were so happy with the director’s cut, we’re already developing the next chapter,” Fogelson stated. Fleischer is also attached to return for that sequel, suggesting long-term creative stability for the franchise moving forward.
Additionally, a Chinese-language spinoff is reportedly in the works, expanding the universe into international markets and further underlining the franchise’s global appeal. No plot details have been revealed yet, but the announcement signals Lionsgate’s intention to broaden the scope and reach of the Now You See Me brand.
With its mix of returning legends and fresh talent, Now You See Me: Now You Don’t aims to reignite the spark that made the original film a box office surprise. Its themes of illusion, trust, and rebellion remain relevant in a post-pandemic world increasingly obsessed with truth and spectacle. Whether you're here for the mind games or the camaraderie, this fall promises a theatrical experience that lives up to its name — blink, and you just might miss it.
Now You See Me: Now You Don’t releases in theaters worldwide on November 14, 2025.