Los Angeles, USA | January 23, 2026
Joker 3 Buzz Grows in Hollywood – Hollywood circles are abuzz with speculation that Warner Bros. has initiated early conversations with Joaquin Phoenix and Lady Gaga about a potential third installment in the Joker franchise.
The development comes after Joker: Folie à Deux, which was widely positioned as the conclusion to the saga. However, industry chatter suggests the film’s cult status and the on-screen chemistry between Phoenix and Gaga have prompted renewed interest in completing a trilogy.
🎭 Why Joker 3 Is Back on the Table
According to trade reports, studio executives are reassessing the franchise’s future amid sustained fan engagement and strong long-tail interest in the Joker universe. While nothing has been greenlit, sources say informal outreach has begun to gauge interest and availability.
Crucially, all discussions are said to be exploratory at this stage—no script approvals, budgets, or timelines have been finalized.
🎬 Todd Phillips’ Stance May Be Shifting
Director Todd Phillips, who helmed both Joker films, had previously ruled out continuing the story beyond Folie à Deux. However, recent reports claim an “unprecedented script idea” has rekindled his curiosity.
Insiders emphasize that Phillips’ involvement would be non-negotiable for moving forward—without his creative buy-in, the project is unlikely to advance.
🃏 Completing the Trilogy?
From Warner Bros.’ perspective, a third film could:
Complete a self-contained Joker trilogy
Expand on the Arthur Fleck–Harley Quinn dynamic
Leverage the franchise’s prestige positioning within DC’s Elseworlds slate
That said, studio sources stress that no decision has been made, and Joker 3 remains unconfirmed.
🔍 What’s Confirmed vs. What’s Rumor
Confirmed:
No official announcement from Warner Bros.
No contracts signed for a third film
Reported / Unconfirmed:
Early outreach to Phoenix and Gaga
A new script concept under discussion
Renewed interest from Todd Phillips
