Twilight Movie Sequel in the works!

Even though the film debut is still a month away, plans are already in the works for another Twilight film!!! Hoo-RAY!
This is according to Nikki Finke's Hollywood Deadline, who wrote:

When your soundtrack isn't even completed much less released (not until November 4th), yet it's already in the Top 5 Best-Selling Albums on Amazon based on pre-sales alone, you know you have a hit. When Borders makes an exclusive calendar and sells out the first printing in a matter of days, you know you have a hit. And when the new trailer to your movie surpasses 3.5 million views less than 48 hours after its online debut, you know you have a hit. Which is why Summit Entertainment's CEO Rob Friedman is already readying a Twilight sequel -- even though the vampire tween/tween movie isn't set for release until November 21st which is the date vacated by Harry Potter And The Half-Blood Prince. Oh, and did I mention that Twilight has the fastest selling licensed merchandise since -- you guessed it -- Harry Potter?

COOL!!!