Warner Bros. CEO Kevin Tsujihara made some major announcements this morning at an investors’ meeting. Among those announcements was a confirmation that the Harry Potter spinoff Fantastic Beasts and Where to Find Them would be a trilogy. Tsujihara originally revealed this information to The New York Times back in March, and said they would be “three megamovies”, and I now assume “megamovie” means “license to print money”. A press release also confirms that David Yates, who directed the final four Harry Potter movies, will helm Fantastic Beasts, which is being written by J.K. Rowling.
For those who don’t know, Fantastic Beasts is set in New York City, seventy years before the events of Harry Potter, and follows Newt Scamander, the author of Fantastic Beasts and Where to Find Them, which became one of Harry’s schoolbooks. The first movie is due out on November 18, 2016. The next two movies will follow in 2018 and 2020, respectively. Hit the jump for the press release.