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How a Franchise About Magicians Became a Surprise Smash Hit

Now You See Me: Now You Don’t

It’s one of those ideas that, once you hear it, you can’t believe it hasn’t been done a million times: A group of magicians use their tricks to pull off epic heists, transferring large sums from giant corporations back into the hands of the people. Or, as producer Bobby Cohen pitched the idea before the film was made: “Magic Robin Hood with a nice dollop of Ocean’s Eleven.” That’s the principle behind Now You See Me, the 2013 movie starring Jesse Eisenberg, Woody Harrelson, Isla Fisher, and Dave Franco as the Four Horsemen, a group of heisting magicians.

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Directed by Louis Leterrier and written by Ed Solomon and Boaz Yakin, the film blew away the box office, earning an impressive $351.7 million on a $75 million budget. The sequel from Jon M. Chu, 2016’s Now You See Me 2, performed similarly well, taking in $334.9 million. Now, nearly a decade after the second film, cinema’s most unlikely blockbuster franchise is back with its third entry, the cleverly titled Now You See Me: Now You Don’t, in cinemas this weekend. And it’s really, ridiculously fun.

How exactly did a movie about magicians, of all things, become a true Hollywood success story? Cohen and Ruben Fleischer, director of the latest installment, have some ideas.

Always reveal a magician’s secrets

Now You See Me, Now You Don’t

“On the most basic level, people love magic,” says Cohen. “And I think they like magic for two reasons: the experience of simultaneously being fooled and then wanting to know exactly how it was done. In these movies, we’ve been able to give the audience both.” Though a real magician never reveals their secrets, they do in NYSM, and one of the most enticing parts of each film is when the Horsemen reveal the intricate details of their stunts. It’s a clever move that encourages audiences to go back and see the movies again, to watch these complex plans unfold with a new perspective.

Cohen also credits the Horsemen themselves. “People just love these characters. They love the banter, and I think fundamentally on some primal level, the rooting interest is these guys taking down the corrupt.” Fleischer agrees that chemistry is key, along with the sense of joy the films inspire. “The movies are really fun. It knowingly doesn’t take itself too seriously. It acknowledges it’s maybe even a little bit silly,” says Fleischer. “They have a tradition of being ridiculous and kind of over the top, but that’s what makes them worthy of a theatrical experience.” Fun, he says, was his “North Star” for every frame. That’s especially clear in the casting of Rosamund Pike, who delivers a deliciously camp and villainous twist on the antagonist. “I would joke that she classed up the joint a bit,” Fleischer recalls.

An original idea, and real tricks

Now You See Me: Now You Don’t

The Now You See Me films also offer something unique in a crowded blockbuster space: movies based on an original idea. Of the top 10 movies at the 2025 box office, just one (F1: The Movie) is an original story. Expanding to the top 15, that number rises to three (Ryan Coogler’s Sinners and Final Destination: Bloodlines, the sixth film in the horror franchise). Based on the previous films’ earnings, Now You See Me: Now You Don’t is likely to be the fourth.

“There aren’t a lot of competing magic-based heist movies that I’m aware of,” jokes Fleischer. Cohen agrees: “People love the fact that it wasn’t based on a comic book or something else. When something feels truly original, that’s a big thing.”

Given how flashy the tricks are, it may surprise viewers to learn that the magic is all done on camera. “In movie one, the majority of the magic was in camera, real stuff. I think it’s fair to say we let it get a little bit away from us in the second, falling into the desire to have a bigger sequel, bigger stunts,” says Cohen. With Fleischer helming the third, it was paramount for both him and Cohen to ensure real magic was always the focus. “We built the spinning hallway, the room where the perspective is different, and that magic competition moment, where each magician is showing off, passing that baton to each other,” recalls Cohen.

While Cohen helped originate the franchise, Fleischer was new to the fold, and upping the sense of realism was important to him. “There’s a certain degree of objectivity in being an outsider, where I was able to approach this new one as a true fan and an audience member,” he says. “Not to disparage the past ones, but a YouTube video I watched was asking the question, ‘Are they magicians, or are they sorcerers?’ They rated each of the tricks and sequences and whether or not a true magician could achieve them. So I wanted to make sure we didn’t cross the threshold from magician into, you know, stopping rain.”

Some early reviews have called out the film for being full of fake tricks, but Fleischer wants them to know they’re wrong. “Everything’s real, and it’s all bona fide by real magicians. Everything’s completely legitimate. I’m not quite sure how that didn’t come across,” he says. “It’s super important to me that upon second viewing, everything holds up, and you can’t call bullsh-t..”

“The way that we use CG in this movie is more as the finishing touch,” says Cohen. “In other words, it’s painting out a little bit of a wire. If Isla makes a diamond appear, she’s doing the trick, but if there’s a little bit of a string underneath it, or a little bit of something else. We’re taking that out.” 

A genuine passion for illusion

Now You See Me: Now You Don’t

As absurd as it may seem as the Horsemen pull off the unthinkable, Now You See Me remains grounded in actual magic. A big reason for that is Cohen and Fleischer’s genuine passion for the art of magic and illusion.

“I used to think magic was just those crummy magicians at children’s parties,” says Fleischer. “But I’ve been to the Magic Castle in L.A., and when I got to see magic at an incredibly high level, I became very enamored. I really appreciate the experience of being made to feel like a little kid, as a cynical adult who doesn’t have much joy in his life.” One of the performers Fleischer was amazed by was Portuguese close-up magician Helder Guimarães, who became a consultant for the film. Cohen, meanwhile, had loved magic ever since he was a kid. When he was 7, his grandfather took him to a magic convention on Long Island. He bought several of the tricks magicians were selling, took them home, and practiced them on his family.

But perhaps the biggest trick Now You See Me pulls off is making magicians look cool. “On the entertainment scale, magicians are kind of a notch below rodeo clown,” says Cohen. “So we had to find a way to get a team of magicians together and treat them as a rock band, rather than something old-fashioned. A big magic show is, by definition, theatrical. It’s a little bit silly. You’re submitting to being fooled. It’s about experiencing that sense of childlike awe.” 

The latest film in the franchise captures the essence of the whole endeavor, built upon Fleischer’s ethos of fun, fun, fun. “I think that’s what comes across with the Four Horsemen,” says Cohen. “I think that the joy that the actors have doing it comes through the screen, and that becomes another, almost meta layer of enjoyment. That joy is the secret sauce.”

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MrBeast revealed how much of his $5 billion company he owned in a deposition last year

YouTube creator MrBeast
MrBeast is YouTube’s top creator.

  • MrBeast said last year he owned just over half of his $5 billion company.
  • The YouTuber operates a variety of business lines, including a content studio and a chocolate brand.
  • Beast Industries has been on a hiring spree, adding four new execs to boost content and brand deals.

YouTuber MrBeast said in a deposition last November that he owned “a little over half” of his company, which was valued at roughly $5 billion in its most recent funding round.

By that math, the value of his ownership stake would have topped $2.5 billion.

Beast Industries sought to raise up to an additional $200 million this year, according to investor materials viewed by Business Insider, as an extension to its $300 million Series C round referenced in the deposition. This could have diluted MrBeast’s ownership stake.

With over 400 million subscribers, MrBeast, whose real name is Jimmy Donaldson, is the top creator on YouTube. He has expanded well beyond the platform, building out a content studio, a chocolate-bar company called Feastables, the analytics firm Viewstats, and a variety of other ventures. Beast Industries has also explored launching other business lines, including a fintech brand and a wireless phone service.

Beast Industries pulled in over $400 million in revenue last year, according to investor materials viewed by Business Insider. The company was not profitable last year, mainly because of high costs in its media segment. Donaldson said in his deposition that Viewstats and Lunchly did not generate much revenue as of November 2024.

Feastables, however, was profitable, Donaldson said in the 2024 deposition, which he attributed to the product’s quality.

“I just obsess over the product and make sure the product’s really high-quality,” he said in the deposition. “We’re launching in the right places, and we’re doing things that delight and make our customers happy.”

The MrBeast team, which comprises around 450 staff members, has been bolstering its leadership team recently, with a focus on sponsorships and unscripted content. Since late September, it has brought on four new executives from companies including TikTok, Snap, and NBCUniversal.

The company has also been on a cost-cutting push as it looks to stop losing money from its media business.

Donaldson addressed the need for profitability during his 2024 deposition, saying that in the long run, “you have to focus on profits or you don’t have a business.”

The MrBeast team did not respond to a request for comment.

Read the original article on Business Insider
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