The creative team that made last year's horror hit "Insidious" is returning for a sequel, the producers said Thursday.
Alliance Films, which financed the first film, will finance. Sony Pictures Worldwide Acquisitions and FilmDistrict have acquired U.S. rights to the movie.
Producers are in talks with James Wan to once again direct.
The movie goes into production this year for a 2013 release.
"'Insidious' was the most fun project I've ever worked on," Whannell said in a statement. "From start to finish it was an absolute joy — from the writing of the screenplay, all the way to the first screening of the film at the Toronto Film Festival."
The movie cost about $1.5 million to make and grossed nearly $100 million worldwide.
"We are all so lucky to have James and Leigh return to this great franchise they created," Blum said in a statement. "And of course we are all pleased to be back in business with our partners at Sony, FilmDistrict and Alliance Films."