"G.I. Joe" series star Byung-Hun Lee, who portrayed villainous ninja Storm Shadow, previously said in September 2016 that Paramount had yet to enter into production on a third film due to Johnson's busy schedule.
"I heard from the studio that there's a possibility to do the third one, but I think they're waiting for the actors' schedules, Lee said at the time.
"They're arranging the schedules for the actors, especially Dwayne Johnson."
"Dungeons and Dragons," based on the tabletop role-playing game, will arrive in theaters on July 23, 2021.
The property was first adapted into a film starring Jeremy Irons in 2000 at New Line Cinema.
Paramount also announced dates for a film based on Hasbro's Micronauts toy line that will arrive on Oct. 16, 2020 and an untitled Hasbro film set for Oct. 1, 2021.
The studio was previously developing a Hasbro cinematic universe in 2015 that would have included G.I. Joe, Micronauts and films based on Visionaries, M.A.S.K. (Mobile Armored Strike Kommand) and ROM.
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