Universal Pictures is eyeing Mama as a potential franchise, with early discussions under way about making a sequel to director Andres Muschietti's horror-thriller.

Here's what Universal Studios International president David Kosse had to say about a potential follow-up.

"We think there's potential for a Mama franchise. We'd like to do another one. But those conversations are in the early stages. Mama is the first of this type of model that we've had enormous success with so there are more opportunities for this kind of film."

The model he is speaking of is the Universal Studios International co-production with Barbara Muschietti's company Toma 78, where the project was reconceived as an English-language Canadian-Spanish co-production. Universal had initially planned on making the film a Spanish-language production.

Mama has earned an impressive $89.2 million worldwide, with $68.2 coming from the U.S. The movie has yet to open in 43 key territories, such as UK, Germany, France, Australia, Russia, Brazil, Japan and Italy.

It isn't known at this point if producer Guillermo del Toro, director Andres Muschietti, or stars Jessica Chastain and Nikolaj Coster-Waldau will be involved in the potential follow-up.