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Lionsgate to follow up on the first film's box-office success.
Lionsgate is developing a sequel to Summit Entertainment's Now You See Me.
According to The Hollywood Reporter, the studio is currently aiming for a 2014 production start, as the first magician-heist film continues to outperform more expensive tentpoles at the international box office. Now You See Me is expected to reach $275 million worldwide -- and the film has yet to open in China, Australia, and Japan.
Said Lionsgate CEO Jon Feltheimer of the film's success overseas, "This is a perfect example of how we're benefiting from the unique international infrastructure of output deals, joint ventures and self-distribution we've set in place to maximize value and minimize risk."
No word yet on who might be writing the sequel.
