Given the lukewarm critical response for Todd PhillipsThe Hangover Part II, there might not be many of you out there interested in seeing a third installment of his hard-partying series. But, the fact remains that the second film made enough money during its opening days to make an additional sequel pretty much an obligation, so a release date for The Hangover Part III has been set. This second sequel will hit theaters on May 4, 2013, with the whole gang back on board. For those keeping track, that’s a Memorial Day release, the same scheme that led to Part II raking in $581.5m worldwide.

Those that fear a third film might as be as much of a retread as the second should keep in mind that we’ve been given indication this won’t be the case. There’s already been some comments made that point to the fact that this third film will deviate from the rigid plot structure of the first two; and a new quote from Phillips released by Warner Bros. and Legendary Pictures seems to back that up. “We’re going to surprise a lot of people with the final chapter we have planned,” Phillips claims. “It will be a fitting conclusion to our three-part opera of mayhem, despair and bad decisions.”

That’s the other part of the story. By all indication this third film is looking like it’s going to be the last installment of the series. Of course, when movies are making as much as Hangover films have so far, you never say never. But it seems like everyone involved wants to move on, regardless. The three principals negotiated a deal where they all have to make a whopping $15m apiece in order to come back for a third film, and one can imagine that reforming the wolf pack is only going to get even more expensive from here on out. It’s probably better for everyone to move on and the studio to experiment with direct to video sequels that have colons in their titles and unknown teenage casts. Oh man, The Hangover: Spring Break in Acapulco is going to be sweet! [THR]


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