SINISTER Sequel in the Works from Creators Scott Derrickson & C. Robert Cargill

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Sinister, which hit theaters last October and is not available to own on Blu-ray and DVD, starred Ethan Hawke as a true crime novelist who discovers a box of disturbing home movies that plunge his family into a nightmarish experience of supernatural horror.

The film was met with financial success, garnering over $85 million off a $3 million budget, and was also well received by critics. Now it's been announced that Blumhouse Productions -- the production company behind other popular horror properties Paranormal Activity and Insidious -- is moving forward with a sequel.

Scott Derrickson and C. Robert Cargill, who wrote the first film (Derrickson also directed) are on board to develop the tentatively titled Sinister 2 along with other behind-the-scenes crew members.

At this time no story details or cast information have been made available. eOne will distribute the film under their Alliance Films banner.