Hocus Pocus 3 is officially in the works

Get your broomsticks ready because the Sanderson sisters are back.

Disney boss Sean Bailey has dropped an absolute bombshell about what they're planning.

In an interview with The New York Times, the head honcho opened up about how the movie studio is hoping to wow audiences around the world in the next few years.

When asked whether we could see another iteration of Hocus Pocus, he admitted they absolutely are doing a third instalment.

The sequel dropped on Disney+ last year to much fanfare.

Disney

It had been almost 30 years since the original first premiered and the original trio of Bette Midler, Sarah Jessica Parker and Kathy Najimy returned.

There's no word on when we can expect to see this threequel hit the big screen.

However, the article noted how Sean Bailey's division 'makes two or three big-budget films annually for release in theaters and three modestly budgeted movies for Disney+'.

He said they are also working on a live-action version of Moana, Lilo and Stitch and Hercules.

Bailey remarked at how the live-action version of The Little Mermaid has been performing well since its release, despite being review-bombed in certain parts of the world.

“While the international opening was softer than we would have liked, the film is playing exceptionally well which we believe sets us up for a very long run," he said to The New York Times.

The remake of The Lion King was a huge win for Disney and it looks like they're not stopping at Simba's story.

The studio is doing a 'photorealistic' prequel film titled Mufasa: The Lion King, which will have a look at the origins of Simba's dad.

Bailey reckons they could keep going down the rabbit hole for this franchise and said it could be as big as the Star Wars franchise.

"There’s a lot of room to run if we can find the stories," he remarked.

While these titles are known and loved across the globe, Sean said it has been difficult for Disney to really nail an original and new storyline.