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OTRC: 'Hangover Part III' in the works - would you watch?

Zach Galifianakis talks about 'The Hangover Part II' in an interview provided by the studio. (Warner Bros. Pictures)

The screenwriters of "The Hangover Part II" are already developing a third film for the hit comedy franchise.

The R-rated movie has grossed more than $200 million worldwide since it opened last week and is currently topping the U.S. box office. The film franchise stars Bradley Cooper, Zach Galifianakis, Ed Helms and Justin Bartha as party-loving guys who get into trouble when a wedding is involved. In the new film, they travel to Thailand.

"I think if there is going to be a third one, it will be the final one," co-screenwriter Craig Mazin told OnTheRedCarpet.com host Rachel Smith at the film's Los Angeles premiere, before the release of "The Hangover II," when asked about another sequel.

"Todd and I have been talking a little bit about it and yeah, it seems like this thing needs to be brought home, and a period put at the end of the sentence," he said, referring to director and co-screenwriter Todd Phillips. "We've got a couple of ideas we're kicking around."

Scot Armstrong, the movie's third screenwriter, said: "We've been talking about ideas but we don't really have anything nailed down yet."

The first "Hangover" movie, which was released in 2009, earned more than $467 million worldwide - including $277 million in the United States, making it among the most successful R-rated comedy films of all time.

The Hollywood Reporter quoted a "high-level executive" at Warner Bros. Pictures, the franchise's studio, as saying that "a third movie is all but a given." The company has not commented publicly.

Reporting by Rachel Smith, co-host of KABC Television's entertainment show "On The Red Carpet" (check for local TV listings).

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