The release date for Insidious Chapter 3 has been set for April 3, 2015 but there is still no news of who will be directing the film.

Leigh Wannell (Saw), who wrote the last two films in the series, will also be pen the new installment. It hasn't been announced whether director James Wan, Whannell's regular collaborator, would be taking on the project. Wan is currently shooting Fast and the Furious 7.

Insidious: Chapter 2 was released on Sept. 13 and topped the U.S. box office scoring $41.1 million over in its opening weekend. The film stars Patrick Wilson, Rose Byrne, Lin Shaye, Ty Simpkins and Barbara Hershey reprised their roles from the first film in the series.

The first film followed the story of the haunted Lambert family, whose son inexiplicably enters a comatose state and becomes a vessel for demons. In Insidious: Chapter 2, the married couple try to explore the secrets that tie them to the paranormal world and the demons that possessed their son.

Entertainment One, FilmDistrict, and Sony Pictures Worldwide Acquisitions will be developing the third chapter of the micro-budgeted franchise. Jason Blum (Blumhouse Productions) will be co-producing the third film with Oren Peli (Paranormal Activity). Steven Schneider, Brian Kavanaugh Jones, Peter Schlessel, Lia Buman and Xavier Marchand will come on board as executive producers.

The first installment in the franchise, Insidious, was made for only $1.5 million and released in 2010. The film went on to gross $97 million worldwide. Insidious: Chapter 2 was made for $5 million.

Watch the trailer for Insidious: Chapter 2:

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