Author JK Rowling has announced that there will be a total of five Harry Potter spinoff films, starting with Fantastic Beats And Where To Find Them.
She broke the news to an audience of fans at a global event for the Warner Brothers film, which opens next month, before it was confirmed on Twitter.
"I'm pretty sure that there are going to be five movies, now that I've been able to properly plot them out," said Rowling.
"We always knew that there would be more than one."
Director David Yates also teased that the second movie in the follow-up series will be set in another global capital city, but wouldn't say which one. He also said the first film will feature cameos by a young Harry Potter characters Albus Dumbledore and Gellert Grendelwald.
Fantastic Beasts was already planned to be a trilogy, with the sequels scheduled for November, 2018 and November, 2020. The following two just-announced sequels will most likely be released in November, 2022 and November, 2024.
If that is the case, the fifth Fantastic Beasts film will hit cinemas a whopping 27 years after the first Harry Potter novel was released.
To plan such a bold release schedule before the first Fantastic Beasts is even out shows Warner Bros has great confidence in the franchise.
With the rousing success of the recent Cursed Child play, the studio is betting big that audiences will be hungry for more Harry Potter well into its third decade.