It is also important to note that "Sherlock Holmes 3" intersect with another anticipated premiere of "Avatar 2".
However, bosses are yet to secure a director - meaning Guy Ritchie, who directed the first two films, may have turned down the third movie or is yet to sign a contract.
While most of his focus has been on the MCU, it wasn't the only thing he got up to during this time as the actor was also the lead in another popular, though much smaller franchise: Guy Ritchie's Sherlock Holmes. The previous movie from the franchise was released in 2011, making this to be almost a decade long wait.More news: Gallant, Kelly-led Golden Knights off to Stanley Cup semifinal
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Avengers: Infinity War's Robert Downey Jr. and Fantastic Beasts star Jude Law are expected to return to their roles as Holmes and John Watson, in a script penned by Hannibal's Chris Brancato. The director is now busy with the "Aladdin" live-action from Disney, which will be released on May 24, 2019 in the US.
The late 2020 release date for Sherlock Holmes 3 likely confirms early estimates that production on the film will begin at the end of this year, though no official details have yet been announced. Holmes has already faced his biggest enemy Professor James Moriarty (Jared Harris) in the 2011 film.
The as-yet untitled "threequel" will follow 2009's Sherlock Holmes and 2011's Sherlock Holmes: A Game of Shadows, both of which cleaned up at the box office and made a third movie look like a certainty.
After nearly eight years since Sherlock Holmes: A Game of Shadows was released, TheWrap has reported that the franchise's next installment will hit theaters on December 25, 2020.