![]() Despite that, the essence of the plot remains the same. The most dramatic change is that the setting of the story will be updated from 19th century Paris to present-day New York. ![]() Sources close to WGTC – the same ones who told us National Treasure 3and Now You See Me 3were in the works months before they were announced – say that there’s a reboot of the story in development at Universal and we have a few interesting details on how it’ll differ quite drastically from previous takes on the material. 16 years on from Joel Schumacher’s 2004 take on The Phantom of the Opera, Universal may be going back to the property for another musical adaptation.
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