Get ready for the squeals... According to Deadline Hollywood Daily, Summit Entertainment is already prepping for a sequel to their highly-anticipated film, Twilight, which is still more than a month from its November 21 release.

Still, the move is quite the no-brainer. The soundtrack is already in the Top 5 for pre-orders on Amazon, a Borders calendar sold out in days and the potential franchise has the most lucrative merchandising sales since Harry Potter, which is even more interesting since Twilight took over the November 21 release date vacated by Harry Potter and the Half-Blood Prince.

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No definitive plans were announced, though, and it isn't clear whether Twilight director Catherine Hardwicke will return. We'll certainly keep you updated on this story as soon as more information comes to light.