It is confirmed that some sort of project is coming VERY soon. Possibly a pre-quel or sequel. The Chiodo brothers confirmed this at Son Of a Monster Palooza. Get excited!!! Comment your ideas of what you want to see in this new project. (Hopefully the Sequel). New update as of 10/22/18 supposedly Syfy is going too be producing it. Thoughts? Comment below!
Grant Cramer, who was 27 years old in 1988, will be returning as the original film's protagonist Mike Tobacco in the film and will be 51 years old when he enters the production phase of the film. Grant Cramer claims that he is not the main character again, instead there will be 2 new younger leads,who are circus performers who are stranded in the mountain town of Kismet the new Klowns invade when their car breaks down who Mike Tobacco will teach through his experience with the 1988 Killer Klowns massacre. These 2 new young leads will have to save the world from the returning Killer Klowns while they are being blamed for what is happening.
In May 2016, Stephen Chiodo has officially released plans to make a TV series about Killer Klowns, while still having plans to make sequel films to the original. He later clarified that he actually meant that he considered retooling the Killer Klowns sequels in the form of a TV show if he found it too difficult to make it another movie for theaters.