The third chapter of The Conjuring has found a new director as James Wan won't be returning to helm the forthcoming horror sequel. The now fast-tracked follow-up will be directed by Michael Chaves (The Curse of La Llorona) with demonologists Ed and Lorraine Warren facing another supernatural investigation.

The Conjuring 3 will be the first instalment not to be directed by Wan, an odd prospect as his keen talent for the genre is what elevated the franchise to high-brow horror. Thankfully, Wan is still involved as a producer through his Atomic Monster production outfit. I'm sure Mr Chaves is a perfectly serviceable filmmaker, but Wan's absence behind the camera will be felt.

Released just five years ago, The Conjuring has spawned the most successful horror franchise of all time with more than $1.5 billion generated across five films. For a quick recap, two Conjurings, two Annabelles, and the monster hit The Nun currently terrifying audiences. A third Annabelle was recently announced with Jumanji Welcome to the Jungle star Madison Iseman amongst the cast. The Crooked Man (as seen in The Conjuring 2) is in development, and The Nun 2 is almost a certainty with its massive $330 million (and counting) global haul.

James Wan is currently deep in post-production on Aquaman readying the superhero movie for its December release. Beyond that, he has a number of exciting projects on the horizon. He's producing a Swamp Thing TV series, a remake of Stephen King's The Tommyknockers, Mortal Kombat, Arachnophobia, and a possible Resident Evil reboot.

There are currently no details on a release date for The Conjuring 3, but 2019 won't be without a visit from The Conjuring Universe with the as yet untitled Annabelle 3 arriving on July 3 and is set to pick up the murderous doll's story after the first Conjuring.