That's right; the Chronicles of Narnia movies currently rank as the fifth most expensive trilogy in history. As a result of declining box office grosses, there has been little movement on the continuing cinematic adventures of the Pevensie children despite the franchise getting off to a very strong start. Thanks to solid reviews and a prime December release date The Lion, the Witch and the Wardrobe became one of the biggest hits of 2005, earning over $745m at the box office against a budget of $180m, and it seemed that a new fantasy franchise had come along to rival Harry Potter. Sequel Prince Caspian upped the budget to a mammoth $225m and shifted to a summer release date, which yielded incredibly disappointing results. Sandwiched in between box office behemoths Iron Man and Indiana Jones and the Kingdom of the Crystal Skull, the second Narnia offering grossed well over $300m less than its predecessor. Undeterred by the huge drop in profits, 20th Century Fox replaced Disney as the franchise's backers and dropped the budget to $155m for Voyage of the Dawn Treader, which would go on to earn almost exactly the same at the box office as Prince Caspian. With the huge investment required in making the movies failing to generate enough profit, the rights to the series expired with no fourth movie on the horizon until recently, when the Mark Gordon Company announced that The Chronicles of Narnia: The Silver Chair was in the works.
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