In December 2023, producer Kevin Wright was approached by TVLine and suggested that the team wouldn’t want to rush into a Season 3 if there’s not a good story to tell.

“For two seasons, I’ve loved working with this team… I would love to keep telling those stories with them, in this world. I don’t think any of us would ever want to rush into a Season 3 if there’s not a good story to tell.”

Wright considered creating a spin-off series centered around the TVA, proposing a show that could be likened to “Better Call Saul” in relation to “Loki” being akin to “Breaking Bad.”

“But I think this team could go off and tell other stories. Maybe it’s not ‘Loki’ Season 3. Maybe there’s something we can continue to do at the TVA, and it’s like our ‘Better Call Saul’ to ‘Loki’s’ ‘Breaking Bad.’ That would be cool, to me.”

Wright also talked with the Phase Zero podcast in November last year to discuss how Loki Season 2 was created as “a closing of the book” to “finish the story,” indicating that the first two seasons were always framed as a two-part affair.

“I will say this: I said it and I know [head writer] Eric Martin kind of repeated it… We did treat this like a closing of the book. Season 1, one chapter. Season 2, another chapter. And that was kind of a challenge from Owen [Wilson] after Season 1. He’s like, ‘Nobody ever has the courage to close the book. Like, let’s close the book. Let’s finish the story.’ And it felt right.”

He also expressed his fondness for the Loki world, adding how he would “love to keep telling characters with Sylvie and the TVA:”

“I would say this: I love this world. I love these characters. I would to keep telling characters with Sylvie and the TVA. Obviously, I would love to tell more Loki stories if that becomes a possibility. Right now, I don’t see how it is with what he’s doing.”

In a separate interview with Variety in October 2023, Wright mentioned that although “Loki” was left “open-ended,” there were no specific plans for Season 3. However, the producer emphasized that there are “many, many, many more stories” still to be told in this world.

“I think it’s open-ended. We certainly did not develop this season going, ‘We have to tee up Season 3’ — in the way that we did with Season 1, where there was a very specific, ‘Hey, we’re coming back.’ But I also think that where this show goes, there certainly can be many, many, many more stories told with Loki in the ‘Loki’ world, and in other worlds connected to Loki, the character.”

The Multiverse Saga is expected to conclude with Secret Wars in under three years. It is unlikely that Loki Season 3 will be released before then. If the Disney+ series does return, Marvel Studios might save it for the next saga to address the aftermath of the Avengers blockbusters or other stories involving the God of Mischief.