IESB has learned that a sequel to The Lost Boys will start shooting sometime in the first quarter of 2007 in San Diego, CA. It is slated for a direct to DVD release with no theatrical plans at this time. The site suggests that this continues WB's plans to make low budget DTV sequels from their extensive film library.
While very little is known about the plot or about who will be directing or even who has been cast in the film, it is known that the story will revolve around surfing vampires in Southern California.
The original The Lost Boys film was released in 1987 about a group of kids from Santa Clara, CA. who must fight a gang of motorcycle riding teenage vampires. It starred Jason Patric, Corey Haim, Kiefer Sutherland, Jami Gertz, Corey Feldman, Dianne Wiest, Edward Herrmann, Alex Winter, Barnard Hughes, and was directed by Joel Schumacher.
The rumors regarding a sequel have been floating around since the late 80's and even Joel Schumacher was pitching a sequel idea during the 90's but to no avail.