There are two movies in Steven Spielberg's Gremlins franchise.
Gremlins (1984)
Gremlins 2: The New Batch (1990)
There is a third film in development but so far all information released has stated that it will be a remake of Gremlins and not a continuation of the storyline. There is no announced release date for the remake.
There are also several other movies about other types of Gremlins which are unrelated to Steven Spielberg's such as:
Good Guys versus the Gremlins (2012)
The Gremlin (2007)
Gremlins in the Basement (2006)
Goodie, the Gremlin (1961)
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Gremlins wasn't nominated for a single Oscar.
Rhapsody in Blue has been featured in many movies. It was used in Fantasia 2000. It has also been in Woody Allen's Manhattan and Gremlins 2. It is often used to depict a busy New York scene like in the movies mentioned above.
Nothing happens to Gizmo because Gremlins 3 does not nor will it ever exist.
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