Gremlins 3

Gremlins 3 was a planned sequel to Gremlins 2: The New Batch and would have been the third installment to the Gremlins franchise.

Plot
Unknown.

Why it is Cancelled

 * 1) Gremlins 2 was a box office disappointment, despite mixed-to-positive reviews.

Results

 * The Gremlins franchise is a duology for now.
 * A new series Gremlins: Secrets of the Mogwai was made instead and is set to release on Cartoon Network and HBO Max.