The world of Wicked may not be done flying just yet. Co-writer Winnie Holzman has hinted that there have been some preliminary discussions about a possible third installment in the Wicked movie franchise — though fans shouldn’t get too excited just yet.

After the Wicked movie dazzled at the box office with $748 million worldwide and strong reviews, speculation about more stories in Oz began swirling. Holzman, who co-wrote the screenplay for both the first Wicked film and its upcoming sequel Wicked: For Good with Dana Fox, addressed the possibility of expanding the story further while speaking on the red carpet at the New York City Tisch Gala.

When asked by ScreenRant whether there were talks of a third film, Holzman responded candidly:
“Sort of. A little bit. Yeah, a little bit. Nothing real.”

That cautious response suggests that while ideas may be floating around, there’s nothing officially in development — at least not yet.

The first two films closely follow the story from the Broadway musical, which itself is based on Gregory Maguire’s 1995 novel Wicked: The Life and Times of the Wicked Witch of the West. The upcoming sequel, Wicked: For Good, is slated for release on November 21, 2025, and will complete the musical’s original arc.

But here’s the twist — if a third movie does happen, it would likely have to break new ground.

While Maguire has written several follow-up novels (featuring Elphaba’s son Liir and even her granddaughter Rain), these books are much darker and more complex than the stage version and have not been part of the Broadway storyline. That means a potential third Wicked film wouldn’t have ready-made musical source material to draw from, and would likely need an original story tailored for the screen.

There are also prequels and spinoffs in the book series, but they diverge significantly from what the Wicked musical and films have established. So any continuation would have to navigate new territory carefully, both narratively and tonally.

For now, Holzman’s comments suggest it’s all in the “what if” phase — but given the franchise’s immense popularity, it wouldn’t be surprising if Oz had more magic left to offer.

TOPICS: Winnie Holzman