Yes, KPop Demon Hunters 2 is officially in the works. Netflix and Sony Animation, the studio behind the original film, are in early talks and planning for the sequel as well as additional projects in the franchise, including a live-action remake, series, and musical. The original film became Netflix's most-watched movie ever with over 236 million views, which has driven the push for expanding the franchise. The co-directors Maggie Kang and Chris Appelhans have expressed interest in returning, and the sequel is expected to explore deeper storylines of characters beyond the first film's lead. There is no confirmed release date yet, but development is active and ongoing.