Pet Sematary 3 & Silver Bullet 2: A new scoop has arrived from an insider at Paramount about the possibilties of the continuations of the Silver Bullet and Pet Sematary horror franchises. Here's the scoop according to Bloody Disgusting:

"There are plans to make a Silver Bullet 2 with Stephen King as a consultant but he will have nothing to do with the writing dutie's the story will revolve around Corey Haims character all growing up in the same small town as the original with some new cast. The details have yet to be worked out but it looks like that might happen. But for the big news that I know every one will love to finally hear, Pet Sematary 3 is a go were going to be going on a script that was written back in 93 when plans for Pet Sematary 3 was shelved. Like part 2 Pet Sematary 3 will have nothing to do with the one before, Mary Lambert is in talks to direct this but we are looking into other directors in case she passes. Filming plans to start in April for a sometime later fall release. Please get the word out the more anticipation will help this film in the long run I don't want to see this film killed before it starts again same for Silver Bullet 2."