It’s official – SATC 2 is on!
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Break out the bubbly—the Sex and the City sequel is finally official!

I can exclusively reveal that all four stars—Sarah Jessica Parker, Cynthia Nixon, Kim Cattrall and Kristin Davis—and writer-director Michael Patrick King have now signed their deals for another round of Carrie Bradshaw & Co.

“Everything was finalized yesterday afternoon,” a source reports.

Until now, everyone had agreed to do a sequel, but there were no contracts signed with New Line, the studio behind the megahit.

As it is, King has yet to write a script, but shooting will reportedly begin this summer with a release date sometime in summer 2010.

Reps for the stars and the studio did not immediately comment.

In its first weekend alone, Sex and the City opened with almost $58 million in ticket sales, reportedly making it the biggest R-rated comedy opener ever. Budget to make the movie? A cool $65 million.

Quick recap in case you were one of the few who missed it: When we last left Carrie, she had married Mr. Big even after he left her at the altar. Samantha and her young beau (Jason Lewis) split, while Miranda and Steve (David Eigenberg) patched things up after he cheated on her. Charlotte and Harry (Evan Handler) not only adopted a baby girl, but Charlotte gave birth to a second daughter.

So what should happen next? Let the suggestions begin!

UPDATE: SATC writer-director Michael Patrick King confirms the scoop! In an exclusive statement, King says, “I’m very excited to work with these amazing actresses again and would love to give everyone more information about the sequel…but I’m busy with my ‘Sex’ life.”


So, are you psyched or do you feel they should quit while ahead?