Is that the third one?
How much more can they drag out of this franchsie?
It's the 4th.
The 3rd was a prequel back story to the whole Lycan Vampire conflict and didn't have Kate Beckinsale.
The 4th continues her characters story but takes the franchise in a new direction. I don't think it's dragged out at all.
The first film was interesting and entertaining. The sequel in my opinion was better. It continued straight on and expanded and improved.
I've only seen the prequel once. I remember it being OK, but it was it's own thing.
The new one is pushing forward into new territory. Once the vampires and lycans aren't hidden from the humans and a fight for survival in that world.
Plus can you ever have enough of Kate Beckinsale in a tight costume doing action scenes? I think not.