Legacy characters to return for new I Know What You Did Last Summer sequel.

Deadline reports that an I Know What You Did Last Summer sequel is in development. With the success of the Scream franchise revival, Sony Pictures hopes to obtain the same success with their slasher franchise. Jennifer Kaytin Robinson has been tapped to direct the sequel. She was a co-writer of Thor: Love and Thunder. Jennifer Love Hewitt and Freddie Prinze Jr are in talks to reprise their roles. The first film came out in 1997, with a direct follow-up in 1998 titled I Still Know What You Did Last Summer. A straight-to-DVD film, I’ll Always Know What You Did Last Summer, was released in 2006. In 2001 Amazon released a series based on the 1973 novel the franchise is based on.
Original Synopsis
A year after running over a fisherman and dumping his body in the water, four friends reconvene when Julie (Jennifer Love Hewitt) receives a frightening letter telling her that their crime was seen. While pursuing who he thinks is responsible for the letter, Barry (Ryan Phillippe) is run over by a man with a meat hook. The bloodletting only increases from there as the killer with the hook continues to stalk Julie, Helen (Sarah Michelle Gellar), and Ray (Freddie Prinze Jr.).