FilmDistrict has set “Insidious Chapter 2″ for release on Aug. 30.The sequel was first announced in February with the same stars — Patrick Wilson, Rose Byrne, Lin Shaye, and Ty Simpkins — and the same creative team onboard. James Wan is directing from Leigh Whannell’s script. Jason Blum is producing again through his Blumhouse Prods. shingle; Brian Kavanaugh Jones, Oren Peli and Steven Schneider exec produce. Sequel is financed by Alliance Films, which also financed the first film. Budgeted at $1.5 million, “Insidious” was a surprise hit last year with $54 million domestic and $97 million worldwide. Wilson and Byrne played parents confronting the demons that possessed their young son. Production on the sequel begins Jan. 15 in Los Angeles. FilmDistrict will distribute theatrically in the U.S.; Sony handles most domestic ancillary rights. Alliance will distribute in Canada, the U.K. (through its Momentum Pictures subsidiary) and Spain (through Aurum), and Sony Pictures Worldwide Acquisitions will distribute in all other international territories. Wan most recently directed “The Conjuring” for Warner Bros., which has set a July 19 opening. He’s also set to direct a feature adaptation of “MacGyver” for Warner Bros. Wilson and Byrne are represented by CAA. Byrne is also repped by RGM Artist Group. Shaye is repped by Don Buchwald & Associates/Fortitude, Simpkins by ICM Partners. Wan and Whannell are repped by Paradigm and Stacey Testro Intl.