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In a move that surprises no one, Paramount has begun talks with Cloverfield director Matt Reeves for a sequel. Why Variety is only now “officially” reporting this I don’t know. Paramount executives aren’t stupid, and their little film was in the green one day after it released. You know they were texting Reeves love notes on their Blackberries within hours of tasting those box-office receipts. Paramount has some competition for Reeves’ attentions though as he recently signed a deal with GreeneStreet Films to direct The Invisible Woman. That film would be the first true test of Reeves’ abilities as a director as it would rely more on actual narrative skill and less on internet fanboy hype.

It’s too early to tell where the storyline will go, but Reeves has commented on some possibilities. He was asked about a sequel in a red carpet interview with BloodyDisgusting.com at the film’s premiere. “Only time will tell. While we were on set making the film we talked about the possibilities and directions of how a sequel can go. The fun of this movie was that it might not have been the only movie being made that night, there might be another movie! In today’s day and age of people filming their lives on their iPhones and handy cams, uploading it to Youtube…That was kind of exciting thinking about that.”

Not sure if another shaky-cam movie is a good idea, but hey, it’s all about the gimmick. Maybe this time they can use the “found footage” of someone who can do more behind the camera than just make funny quips. Like maybe film something worthwhile? Like maybe decide the monster is more worthy of screen-time than his whiny best friends? Oh, and maybe he can use a tape-based camcorder so the whole “taping over old footage” gag will make sense. (Doesn’t quite work that way on SD cards…I’m just saying.) Cloverfield opened huge but dropped a monstrous 68% in its second week. Beefing up the narrative and including more footage of the damn monster may give a sequel more staying power. Regardless, Cloverfield 2: Cash Cow Returns is a go!

Talking Point: Should they make a Cloverfield sequel?