He said that, while himself and producer J.J. Abrams are concentrating on other things right now, there’s definitely still interest in returning to that universe.
“It really isn’t the moment for [the sequel] to go any further than it has, but it continues to be a priority for both of us,” Reeves said. “J.J. is very immersed in putting together ‘Super 8.’ He’s… in pre-production and really, really passionately getting that together. And I’m passionately finishing ‘Let Me In.'”
“There literally is no connection whatsoever,” he added. “It’s just a really cool idea for a film. I know what [J.J. is] doing and it’s amazing.”
Cloverfield cost just $25 million to make and earned $170 million worldwide.