A sequel to Joker is in development at Warner Bros. according to a new report by The Hollywood Reporter.
Director Todd Phillips is said to be in talks to return as director with the original’s screenwriter, Scott Silver, lined up to pen the script.
The report adds that studio Warner Bros. has sequel options in place with Joaquin Phoenix to return as Arthur Fleck, but his agents at CAA declined to comment on the news.
THR says Phillips met with Warner Bros. Pictures Group chairman Toby Emmerich in October to pitch “a portfolio of DC characters’ origin stories.”
They say the Hangover director is working on one other DC character origin film alongside a Joker sequel, which became a realistic proposition once the first film crossed the $1 billion box office threshold earlier this week.
The report says the huge financial success of Joker could lead to a bumper pay day for Phillips. The filmmaker is said to have deferred his salary for the film in exchange for a cut of the profits.
Phillips is reportedly set to earn “close to $100 million” for his involvement in the film.