Tom Hardy's Venom sequel in the works

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Tom Hardy's film Venom will have a second installment and the makers have already started the works on it, according to the reports. If all goes well, the second installment will have Tom Hardy and he will reprise his role as the eponymous symbiote. Sources told Variety, Sony Pictures has tapped Kelly Marcel, one of the screenwriters from the original film, to pen the sequel. 

As sequels go, the studio is looking to cash in on the box office success of the antihero franchise, despite its bad reviews.

The insiders said although an exact amount could not be revealed, Marcel's deal was a significant one.

She will also executive produce the follow-up. Marcel was also a producer on the first picture.

A director has not been decided yet. As per the sources, Sony might look for a new name as "Venom" director Reuben Fleischer will be busy shooting the sequel to its "Zombieland".

Michelle Williams is expected to reunite with Hardy and Woody Harrelson will play Carnage in the sequel.

Sony declined to comment.

(With PTI Inputs)