Reports are now in that Vaughn has begun negotiations for Universal to both produce and distribute Kick-Ass 2 in theaters; moreover, we now have information about the basis for the sequel's screenplay, who's writing it and who Vaughn has "handpicked" to handle directorial duties - since he's going to be busy overseeing pre-production on the untitled X-Men: First Class sequel for the remainder of this year.
As many people reading this are probably aware, Vaughn not only co-wrote and directed the original Kick-Ass movie, he also produced and self-financed the $30 million project. According to Heat Vision, Vaughn has written the script for Kick-Ass 2, which will based partly on Millar's seven-issue run (titled "Kick-Ass 2: Balls to the Wall") - but also the writer's impending "Hit Girl" spinoff, which will serve as the basis for the first half of the sequel film. Vaughn will still produce the Kick-Ass sequel, but is handing the directorial reins over to Jeff Wadlow: the helmer responsible for the little-seen 2005 horror movie Cry_Wolf and the 2008 street fighting flick Never Back Down.
Despite previous assertions from both Millar and Romita that Kick-Ass 2 will begin principal photography this summer, the sequel is reportedly being eyed for a September production start date. That should allow for original Kick-Ass cast members like Aaron Johnson (Dave Lizewski/Kick-Ass), Christopher Mintz-Plasse (Chris D'Amico/Red Mist) and Chloë Grace Moretz (Mindy Macready/Hit-Girl) to reprise their respective roles in the sequel - something that did not seem possible with the summer date, given that Moretz begins work on Kimberly Peirce's Carrie remake/re-interpretation next month.
Millar's Kick-Ass 2 comic focuses on a street war that breaks out after Red Mist assembles an army of "supervillains" in order to take down Kick-Ass and Hit-Girl - who, in response, attempt to pool together their own team of costumed vigilantes. The "Hit-Girl" series focuses on the character's experiences between the events of the two Kick-Ass storylines, wherein Mindy makes an effort to leave her superhero days behind her and lead a normal life. It makes sense, then, that Vaughn would recruit someone like Wadlow to helm the Kick-Ass 2 movie, given his experience with telling stories that mix the struggles of teen life with street warfare and other forms of violence.
Of course, neither of Wadlow's films are widely liked - nor is Millar's Kick-Ass 2 comic book source material - so it's difficult not to be wary about the potential lack of quality in regards to this particular comic book movie sequel (for now).
We will continue to keep you up-to-date on the status of Kick-Ass 2 as more information is released.