Fox has secured returning star Logan Lerman and new director Thor Freudenthal for the sequel to the 2010 fantasy adventure Percy Jackson and the Olympians: The Lightning Thief, 24 Frames reports.
The follow-up to the 2010 film, which grossed $210 million worldwide, will be based on Percy Jackson and the Olympians: The Sea of Monsters, the second book in Rick Riordan’s bestselling series of young-adult novels. The screenplay, by Scott Alexander and Larry Karaszewski (Ed Wood, Agent Cody Banks), follows the demigod Percy — he’s a son of the Greek god Poseidon — and his friends as they rescue the satyr Grover and retrieve the Golden Fleece.
The 19-year-old Lerman signed a three-picture deal, meaning Fox had only to exercise his option. However, the actor, who went on to star in the upcoming Three Musketeers and The Perks of Being a Wallflower, has said he'd like to make the entire Percy Jackson series. There are five novels in all.
Freudenthal, who's best known for Diary of a Wimpy Kid and Hotel for Dogs, succeeds Chris Columbus, who will remain as a producer.