The low budget, found footage super-
herovillain thriller Chronicle did decent business and got great reviews at the start of 2012. Naturally, Fox encouraged its scribe, Max Landis (he shared "story" credit with the director, Josh Trank, but was the sole credit for "screenplay"), to write a sequel. According to Max's father, The Blues Brothers and An American Werewolf in London director John Landis, Max took the script in a bold new direction, and 20th Century Fox is nervous to use the idea. The direct quote was:
“[Max] wrote a sequel, and it’s amazing, and the studio read it and said, ‘We want Chronicle again!’ And he said, ‘No, this is the sequel, it’s the evolution,’ and they said ‘No, we want that movie again!’ So it’s difficult, we’re dealing with a difficult business.’ “
Now obviously John Landis is a biased source, but I still am inclined to side with him. I would very much like to see Chronicle's original writer progress the story he had planned. It would be pretty sad if Fox stole the project from him and gave it to a different director.