New Line has also signed a first-look deal with the director, which is the fourth such pact for the Warner Bros. label (The others were with Benderspink, Beau Flynn and John Rickard).
New Line scored a massive surprise hit last year with Wan directing the first supernatural thriller, which amassed about $320 million in worldwide box office on a $20 million budget. Set in Rhode Island in 1971, that story was based on the work of real-life paranormal investigators Ed and Lorraine Warren (portrayed by Patrick Wilson and Vera Farmiga). Ron Livingston and Lili Taylor played the father and mother of the five Perron girls who were terrorized inside the haunted house.
Wan also produced “Annabelle,” a spin-off from “The Conjuring,” and directed the launch titles in the “Saw” and “Insidious” franchises. He recently finished shooting “Fast and Furious 7.”
The news about Wan’s return was first reported by Deadline.com.