Last week, J.K. Rowling confirmed "that the magic will continue for several more years," Indiewire reported. During a special fan event in London featuring the author, director David Yates, producer David Heyman and the cast of Fantastic Beasts and Where to Find Them, Rowling said, "I'm pretty sure that there are going to be five movies, now that I've been able to properly plot them out. We always knew that there would be more than one."
Yates, who directed the first two Fantastic Beasts films and the last four Harry Potter movies, said that the upcoming picture "will include a cameo by a young Albus Dumbledore and Gellert Grendelwald. He also revealed that the sequel will not take place in New York, but rather in another global capital city," Indiewire wrote.
Fantastic Beasts and Where to Find Them will be released in theaters November 18, with the sequel set for November 16, 2018.