Via tBreakE we have some pretty juicy information regardingChronicle 2, not the least of which is the centerpiece of the plot. This time around, a super-powered entity will presumably wreak havoc on the world; but who will be around to stop him? Landis mentions that star of the original film, Alex Russell, will return as Matt Garetty:
“I loved Matt, and I felt really bad for him because I understood just how emotionally lazy he is and how he doesn’t really do what he’s doing. And that’s why I’m putting him through hell in (Chronicle) 2.”
The sequel takes place after the events of the first film, but includes a mention of it within the narrative (small spoiler alert):
“Small spoiler – the movie you saw (Chronicle) in the sequel, is a thing. That edited footage … is a thing. So it’s not like ‘we found this footage after this kids died’. You can’t deny cars being thrown in the air in Seattle. You saw all those helicopters. The world changed. That’s the end of ‘Chronicle’. And things are going to be different now. They can’t possibly cover up what happened.”
Unfortunately, it’s looking like Trank will not be returning to the sequel, at least not in a directorial capacity:
Probably not. Josh is all over the place with other projects. I’m also all over the place with other projects, but ‘Chronicle’ is really my baby. Josh will probably be involved in some respect but right now I just want to get the script done.