De Luca noted that while the deals are not finalized, the project is expected to move forward imminently. It’s likely that Tim Burton will return to direct, as he is synonymous with the franchise.
The recent sequel, Beetlejuice, Beetlejuice, was a box-office sensation, defying initial plans for a direct-to-streaming release on Max. The film's success was largely due to the leadership of De Luca and Abdy, who negotiated with Burton to reduce his original $150 million budget for a theatrical release.
To achieve this lower budget, stars Jenna Ortega, Michael Keaton, Winona Ryder, and Catherine O’Hara agreed to take reduced upfront payments in exchange for backend profits. Remarkably, the sequel outperformed the original film’s entire global earnings within just three days of its release.
Burton has expressed that directing this sequel reignited his creative spirit after a challenging period in his career. While many fans hope for original stories from him in the future, it seems Warner Bros is eager to fast-track Beetlejuice 3.
