Since exiting the MCU with the successful conclusion ofAvengers: Endgame,Joe Russohas been busy with several noteworthy projects, one of which is theExtractionfranchise. The action thriller film based onAnde Parks' graphic novel,Ciudad, has two installments so far, but Joe confirms viaGamesRadar+thatExtraction 3is currently in development.
The first two installments of the Netflix movie, directed bySam Hargraveand written by Russo,starsChris Hemsworth,Golshifteh FarahaniandAdam Bessa. Hemsworth plays the lead character, Tyler Rake, a former Australian SASR operator turned black ops mercenary.Extractionwas released on Netflix in April 2020 while its sequel premiered in September 2021.

Three installments of the franchise have previously been revealed to be in the works at Netflix and Russo confirms development is in progress with the director already on board and Hemsworth set to reprise his role, saying:
“Yeah, we’re developing it at the moment, figuring out Chris’s schedule. Sam Hargrave is back directing. It’s an interesting franchise because he’s a very emotionally wounded character, so there’s good storytelling there, I think, in respect to his backstory, and, you know, his relationship to violence is one that’s built around self-loathing and guilt. And so, it adds a lot of texture, I think, which allows us to tell more stories about him.”

Russo Is Focusing On Original Storytelling Post-Marvel
Although it was previously unclear whether Joe would return as a screenwriter for the upcomingExtraction 3, he has assured fans that he will be back while the production schedule will be arranged once everyone’s calendar has been worked out. Meanwhile, he and his brother, Anthony, jointly called theRusso brothers,have interesting post-Marvel plans. They intend to build their ownStar Warsby prioritizing “original storytelling and new ideas.”
As Russo puts it, “The intention is that we want to build our own Star Wars. For us, it’s all about the focus on original storytelling and new ideas. If anything, there’s been too much. I mean, I think you could argue we’re in a rut of repetitive storytelling and potential franchise abuse. So, at a certain point, I think the audience is craving new ideas and new stories. And that’s where all of our focus is going post-Marvel.”

The brothers are widely known for directing four films in the MCU, includingCaptain America: The Winter Soldier,Captain America: Civil War,Avengers: Infinity WarandAvengers: Endgame. They are set to produce Disney’s live-action adaptation ofHerculeswhich will be directed byGuy Ritchie.
Not many details aboutExtraction 3,including its trailer and release date, have been made public yet, but the first two are available to stream on Netflix in the U.S.