The 2021 Cannes Film Festival launched today and the first piece of news coming from the event is guaranteed to put a smile on many a movie fan’s face… Paddington 3 is officially a go!

We’d learned a sequel was in development in 2018, but Studiocanal has today confirmed that the film will go before cameras early 2022, presumably for a late 2023 release. Both previous movies have occupied the November slot, so circle that in your calendars.

With Paddington and Paddington 2 director Paul King busy with the upcoming Willy Wonka prequel film starring Timothée Chalamet (seriously), it’s currently unknown who will be calling the shots this time around, but he has worked on the screenplay with previous collaborators Simon Farnaby (Ghosts) and Mark Burton (Shaun the Sheep Movie: Farmageddon). Paddington Bear himself is presumed to be returning in the title role, though contract negotiations are ongoing.

Anybody else got a craving for a marmalade sandwich all of a sudden? More on Paddington 3 as it develops!