Nov 23, 2016 09:43 AM EST

'Kingsman 2: The Golden Circle' Update: Casting Info, Plot Details, Release Date, Trailers And Everything You Need To Know

"Kingsman 2" has finally been given an official title, with director Matthew Vaughn also treating fans to some amusing plot teasers. The spy spoof follow-up will be called "Kingsman 2: The Golden Circle" and see Taron Egerton's Eggsy head state-side with Mark Strong's Merlin to work for secret US spy society statesmen.

According to The wrap, sources close to the production team were the ones who revealed details about the upcoming sequel. As the film did so well in the box office, going almost the $400 million mark worldwide, it seems reasonable that a follow-up film would be made.

The movie, which was filmed in London and starred Colin Firth, Samuel L. Jackson, Taron Egerton, and Michael Caine, only had a small $80 million budget for production. Come opening weekend, "Kingsman: The Secret Service" hit  around $41 million and had since gone beyond that and earned $275 million around the globe.

The reception and revenue reportedly was enough for the executives in the studio to consider a part two for the r-rated and very graphic film. Not too many details about the film sequel are known by now. It is unclear whether Matthew Vaugh, who directed the first film, would once again return, said Cinema Blend.

"Kingsman: The Secret Service" was a surprising box office hit, and to date has actually made more or less $400 million at the worldwide box office. You would think that this kind of success would have driven the studio to officially announce a "Kingsman 2" immediately, but there may be a good reason why they are teasing people off.

This is because the digital high definition release of the first movie. It would not be a bad strategy to hold off the declaration of the sequel in hopes of boosting home video sales revenue.  

According to Jobs & Hire, even Channing Tatum is reported to do a role in "Kingsman: The Golden Circle." Although, all no further details were given for the roles. "Kingsman 2: The Golden Circle"  is set to reach UK cinemas on 16 June 2017.

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