“Mamma Mia! 3,” the highly anticipated third installment of the beloved musical franchise, is expected to release in late 2025, though an official date has not yet been confirmed. The film is projected to have a significantly higher budget than its predecessors, reflecting rising production costs, the star-studded cast, and the potential inclusion of new ABBA music from their 2021 album Voyage.
The original Mamma Mia! (2008) was produced on a $52 million budget and grossed an impressive $611 million worldwide, while the sequel, Mamma Mia! Here We Go Again (2018), had a $75 million budget and earned $402 million globally. Both films solidified the franchise as a cultural phenomenon, blending ABBA’s timeless music with heartwarming storytelling and picturesque Greek island settings. The success of the first two films has created immense anticipation for the third, with fans eager to see the return of iconic cast members like Amanda Seyfried, Pierce Brosnan, Colin Firth, and Christine Baranski.
Producer Judy Craymer has long envisioned the series as a trilogy, and with Universal Pictures reportedly on board, the film is poised to continue the franchise’s legacy of box office success. While financial negotiations with the cast and production logistics have caused delays, the franchise’s proven track record and universal appeal suggest that Mamma Mia! 3 could once again captivate audiences worldwide.
