According to a new report from Variety, Coogler will be writing and directing Black Panther 2. In the acclaimed film, T'Challa (Chadwick Boseman) returns home to the hidden high-tech African nation of Wakanda to succeed to the throne and take his rightful place as king, following the death of his father.
"Black Panther" blew away box office records earlier this year, making $1.3 billion worldwide, including $700 million domestically - the biggest domestic box office gross for any Marvel film. "We're watching the final playback, where you see the final film and check for any last-minute changes, and when it ended I just instinctually leaned over to Ryan and said, 'I think this is the best movie we've ever made'".
The sequel, which has yet to be announced by Marvel, will reportedly commence production in late 2019 or early 2020.
Feige has touted the success of Black Panther since before the film hit theaters, and now that it's become a cultural phenomenon and a box office blockbuster, there was little doubt that he'd want to make a sequel.
Coogler is exec producing "Creed 2", which bows next month. As Hollywood Reporter indicated, filmmakers are often drawn into contract negotiations as soon as a film is deemed lucrative, but in the case of Coogler and his creative staff, waited until they were met with ideal terms.