'Fantastic Beasts': Third film in the wizarding series to be released in 2021

The untitled production has been pushed back to 'deliver the best possible film' for fans

Eddie Redmayne in a scene from 'Fantastic Beasts and Where to Find Them'. AP

Fans won't be accio-ing up a cinema ticket any time soon, as the release of next instalment in the Fantastic Beasts film series has been pushed back.

The third movie in the franchise won't hit screens until November 12, 2021, studio Warner Bros confirmed on Monday.

"We are incredibly excited about and have confidence in the Fantastic Beasts series," said Toby Emmerich, group chairman of the studio, in a statement. "We all believe this release date will give the filmmakers time and space to allow their artistry to truly flourish and deliver the best possible film to our fans."

The third film was originally touted to have a 2020 release date, as Warner Bros' original plan was to have each film in the saga unveiled in two-year intervals.

The last movie in the Wizarding World of Harry Potter series was 2018's Fantastic Beasts: The Crimes of Grindelwald, with the series eventually set to expand to include five films in total.

Production on the so-far untitled new movie is expected to begin in the spring of 2020.

“JK Rowling created an awe-inspiring universe that has captivated people of all ages, taking us on an extraordinary magical journey," added Warner Bros' Ron Sanders, president of worldwide theatrical distribution and home entertainment. "We look forward to bringing the third chapter of the five-film series to audiences around the globe."

The first film in the saga was 2016's Fantastic Beasts and Where to Find Them, which starred Eddie Redmayne as Newt Scamander in a prequel to the Harry Potter series, set in the 1920s.

Jude Law joined the cast as wizard Albus Dumbledore for the second film, which received mixed reviews, and took $161 million (Dh591 million) less than its predecessor at the box office.