After the record-setting success of Cloverfield (biggest box office open for the MLK JR weekend, and it as a big'un), Paramount is itching to go back to the well for some more money-making monster madness.
Yes, director Matt Reeves is in talks with the studio to do a sequel to Cloverfield, although whether it actually comes to fruition also depends on negotiations with producerJ.J. Abrams and writer Drew Goddard. In the meantime, Reeves has signed to direct a Hitchcockian thriller called The Invisible Woman for GreeneStreet Films.
Source: Variety.