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‘Ant-Man 3:’ Peyton Reed Will Return to Direct

Marvel franchise stars Paul Rudd, Evangeline Lilly, and Michael Douglas

Peyton Reed will return to direct the third installment of Marvel Studios’ “Ant-Man 3,” an individual with knowledge of the project told TheWrap.

The franchise stars Paul Rudd, Evangeline Lilly, and Michael Douglas. Reed directed 2015’s “Ant-Man” and 2018’s “Ant-Man and the Wasp.” Plot details are being kept under wraps in the Quantum Realm.

The third film in the franchise doesn’t have a release date, but the plan is to go into production at the end of 2020 or the beginning of 2021, with a likely release in 2022. “Doctor Strange in the Multiverse of Madness” and “Thor: Love and Thunder” will shoot before “Ant-Man 3.”

Taking place in between “Captain America: Civil War” and “Avengers: Infinity War,” the previous film, “Ant-Man and the Wasp,” sees Scott Lang (Paul Rudd) as he goes into house arrest after assisting Captain America during the events of “Civil War.” All the reluctant hero wants to do is take care of his daughter, but is forced to suit up again after a mysterious villain named Ghost (Hannah John-Kamen) steals technology belonging to the original Ant-Man, Hank Pym (Michael Douglas).

Michael Pena, Walton Goggins, Bobby Cannavale, Judy Greer and Tip “T.I.” Harris also star. The sequel grossed $622.6 million worldwide.

Reed is repped by WME and Sloane Offer.

The Hollywood Reporter first reported the news.