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D&D Sequel Script Finished, but Paramount and Hasbro Have Not Greenlit Film

Directors Jonathan Goldstein and John Francis Daley have completed a screenplay for a follow-up to 'Honor Among Thieves,' though the project remains stalled.

TechNewsReel Newsroom · August 4, 2026

A sequel to 'Dungeons & Dragons: Honor Among Thieves' currently exists only on paper, as the project remains in a state of production limbo. Despite the creative groundwork being laid, the film has not received the necessary studio approval to move forward.

Directors Jonathan Goldstein and John Francis Daley have officially completed the script for the sequel. However, the project has not been greenlit by Paramount and Hasbro, the two primary entities responsible for the film's production and intellectual property. While the screenplay is finished, the lack of a formal go-ahead means the project cannot enter pre-production or casting.

The Struggle for Blockbuster Scale

The original 2023 film, 'Dungeons & Dragons: Honor Among Thieves,' was widely praised by critics and fans for its humor and faithful spirit. Despite this positive reception, the movie struggled to capture a massive global audience relative to its high production budget. This gap between critical acclaim and commercial scale has left studios hesitant to commit the significant capital required for a high-fantasy sequel.

Industry Implications

The situation underscores a growing tension in the current theatrical landscape: the divide between a film's "cult" or critical success and the rigid financial requirements of a modern blockbuster. For a franchise like D&D, which requires expensive visual effects and world-building, a "good" movie is often not enough to justify a sequel if the initial return on investment does not meet a specific, aggressive threshold. This trend threatens the viability of new cinematic universes that do not launch with immediate, overwhelming box-office dominance.

What Remains Unconfirmed

While the existence of the script is confirmed, it remains unclear if Paramount and Hasbro are actively negotiating a path forward or if the project is effectively shelved. Reports from outlets such as iXBT Games suggest the film may never be produced due to the first movie's financial performance, though this remains an industry inference rather than a formal statement from the studios. For now, the future of the D&D cinematic world depends entirely on whether the studios decide the creative potential of the finished script outweighs the financial risks.

Sources

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