According to entertainment website Variety, Lionsgate Motion Picture Group president Nathan Kahane announced the new film, which will be penned by screenwriter Seth Grahame-Smith.
Eric Warren Singer had written the previous draft of the script.
It will follow the story of the thieving illusionists known as the Four Horsemen and also introduce a new generation of characters.
The previous films featured Jesse Eisenberg, Woody Harrelson, Isla Fisher, Dave Franco and Morgan Freeman.
바카라œThere are three things in this world I absolutely love바카라¦ Jesse Eisenberg, Woody Harrelson and magic. To have the chance to work with these two talented actors, as well as rest of the incredible cast of the 바카라˜Now You See Me바카라™ movies is a dream come true.
"I am a lifelong fan of heist movies 바카라“ I love getting drawn in by the twists and the mystery where nothing is what it seems. And that바카라™s even more true when the thieves are magicians 바카라“ the opportunities are endless. Eric was able to unlock a fresh and exciting way into a new movie and fun new characters, so I바카라™m excited to dig in even further," Fleischer said in a statement.
Bobby Cohen will produce the upcoming movie alongside Alex Kurtzman of Secret Hideout. Meredith Wieck and Chisom Ude will oversee the project for Lionsgate.