Wanted was based on Millar's explosive graphic novel series and directed by Timur Bekmambetov, and stars James McAvoy, Morgan Freeman, Terence Stamp, Thomas Kretschmann, Common and Angelina Jolie. It has earned nearly $260 million worldwide since it opened in theaters June 27, 2008.
Millar's involvement is very minimal, but here is what he had to say:
"What I will be doing is providing them with a very small amount of stuff for a story, and that will be used as a basic story that they can build from. It will be a small outline that can possibly be picked apart and not used - but it will be something exclusively for the second film, and no one will ever really see it."
Given that the film version of the story differs from the comic book version in a number of ways (some quite substantial) Millar's outline will be set in the film's continuity, but will reach back to the comics. "It will be some of the stuff that we didn't utilize from the first book for the movie - like chapters three and four - there will be some stuff from that, so in the loosest sense it will be based on the book, but only very little," Millar said. "The nice thing about owning it and creator-owned properties is that JG and I will still be producers on the thing, and will still obviously get paid for the rights."
Millar acknowledged that he too had heard that Terence Stamp has said his character of Pekwarsky would be coming back for the sequel, and reportedly play a much larger role. Also, Wanted screenwriters Derek Haas and Michael Brandt have been at work on the screenplay for the sequel for some time.