'Pitch Perfect 3' moving forward at Universal with writer Kay Cannon

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Elizabeth Banks Confirms Pitch Perfect 3 In the Works?

There will be more, dear pitches, but it won't be cheap. With Pitch Perfect 2's massive $160.9 million in domestic box office (and counting), Universal and Gold Circle are moving ahead on a third installment.

Sources say negotiations have begun with Kay Cannon, who wrote the first two movies, to return for a third. It remains to be seen whether co-star Elizabeth Banks, a steward of the franchise as one of its producers, will return to the director's chair.

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How a story would reunite the core Barden Bellas now that (spoiler alert) most have graduated college will be easier than making deals for such stars as Anna Kendrick and Rebel Wilson, who sources say were paid about $2 million each for Pitch 2, which cost $29 million to make. That's a step up from their fees for the original 2012 film, which were in the low-six figures for Kendrick and less than $100,000 for Wilson, whose Fat Amy became the breakout.

Deals for a third movie will be costly because options aren't in place for the pair. In contrast, say sources, Universal and Gold Circle were smelling a franchise when they made sure to lock in series newcomer Hailee Steinfeld for a follow-up.

See some tweets below of people responding to the news:






This story first appeared in the June 19 issue of The Hollywood Reporter magazine. To receive the magazine, click here to subscribe.

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'Pitch Perfect 3' moving forward at Universal with writer Kay Cannon
HOLLYWOOD, CA - SEPTEMBER 24: (L-R) Actresses Anna Kendrick, Rebel Wilson, and actress/producer Elizabeth Banks attend the 'Pitch Perfect' Los Angeles premiere after party held at Lush on September 24, 2012 in Hollywood, California. (Photo by Lester Cohen/WireImage)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Anna Kendrick arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actor Skylar Astin arrives at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Lester Cohen/WireImage)
HOLLYWOOD, CA - SEPTEMBER 24: (L-R) Director Jason Moore, producer Paul Brooks, actress/producer Elizabeth Banks, producer Max Handelman, and executive producer Scott Niemeyer arrive at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actor John Michael Higgins arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Tricia Helfer arrives at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Lester Cohen/WireImage)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Hana Mae Lee arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Rebel Wilson (C) arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actor Adam DeVine arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Brittany Snow attends the 'Pitch Perfect' - Los Angeles Premiere at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Jonathan Leibson/WireImage)
HOLLYWOOD, CA - SEPTEMBER 24: Actress/producer Elizabeth Banks (L) and actress Rebel Wilson arrive at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Lester Cohen/WireImage)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Bella Thorne arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Anna Camp arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Caroline Sunshine arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Kelli Goss arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Shelley Regner arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Caroline Sunshine arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Ester Dean arrives at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Jason Merritt/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Elizabeth Banks attends the 'Pitch Perfect' - Los Angeles Premiere at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Jonathan Leibson/WireImage)
HOLLYWOOD, CA - SEPTEMBER 24: Writer Kay Cannon (L) and director Jason Moore arrive at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Lester Cohen/WireImage)
HOLLYWOOD, CA - SEPTEMBER 24: Actor Ben Platt arrives at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Lester Cohen/WireImage)
HOLLYWOOD, CA - SEPTEMBER 24: (L-R) Producer Paul Brooks, Universal Pictures Co-chairman Donna Langley, and actress Rebel Wilson arrive at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Lester Cohen/WireImage)
HOLLYWOOD, CA - SEPTEMBER 24: Actor Tyler Posey arrives at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Jason Merritt/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Rebel Wilson arrives at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Jason Merritt/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Jillian Rose Reed arrives at the Los Angeles premiere of 'Pitch Perfect' held at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Michael Tran/FilmMagic)
HOLLYWOOD, CA - SEPTEMBER 24: Actor Skylar Astin arrives at the premiere of Universal Pictures And Gold Circle Films' 'Pitch Perfect' at ArcLight Cinemas on September 24, 2012 in Hollywood, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Kether Donahue arrives at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Jason Merritt/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Kathryn Newton arrives at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Jason Merritt/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Actress Savannah Jayde arrives at the Los Angeles premiere of 'Pitch Perfect' at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Jason Merritt/Getty Images)
LOS ANGELES, CA - SEPTEMBER 24: Actors Rebel Wilson (L) and Anna Camp pose at the after party for Universal Pictures and Gold Circle Films' 'Pitch Perfect' at Lure on September 24, 2012 in Los Angeles, California. (Photo by Kevin Winter/Getty Images)
HOLLYWOOD, CA - SEPTEMBER 24: Alexis Knapp attends the 'Pitch Perfect' - Los Angeles Premiere at ArcLight Hollywood on September 24, 2012 in Hollywood, California. (Photo by Jonathan Leibson/WireImage)
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