"I don't want to give away too much, but we've thought about it," says Tom Quinn, co-president of distributors Radius-TWC. Director David Robert Mitchell, meanwhile, says he is "certainly open to it".
If you have yet to catch the film, It Follows sees its protagonist doggedly pursued by a mysterious entity that manifests itself as a variety of shuffling injured strangers, or sometimes as people known to its victims. In an interesting twist on the slasher movie "promiscuous teens get killed" trope, its rules are that the curse is sexually transmitted, and if you find yourself affected, you need to have sex with someone else to get rid of it.
The film's creepily ambiguous ending and that concept mean a series could potentially run and run. Quinn doesn't reveal a great deal, but does hint at "flipping the title", which as Entertainment Weekly point out gives us something like Follow It, which could potentially be a very smart reversal.
While the money men are inclined to strike while the iron's hot, however, Mitchell is more cautious. "I have a lot of different kinds of projects in many different genres," he told Vulture, "so I don't know that a sequel would be the next thing that I would do. I just kinda want to see how things play out."
Will the rights owners wait for him or continue without him? As always, watch this space.