New Delhi, Nov. 6 -- Warner Bros is all set to revive the Gremlins franchise with the most-awaited instalment, Gremlins 3. The confirmation came from David Zaslav, the CEO and president of Warner Bros. Discovery, on Thursday.

Gremlins 3 will be released in theatres in November 2027.

It will be a part of the studio's release schedule for Nov. 19, 2027 as revealed during the investor call, reported Variety.

Going by the report, Steven Spielberg will return as executive producer for Gremlins 3, while Harry Potter and Home Alone director Chris Columbus will direct and produce, confirmed Zaslav.

The screenplay will be co-written by Zach Lipovsky and Adam Stein. Kristie Macosko Krieger and Holly Bario will produce the film for Amblin Entert...