In an interview with Tbreak, Chronicle writer Max Landis reveals a small spoiler for the film on how the footage from Chronicle affects the events in the sequel:
“…the movie you saw (Chronicle) in the sequel, is a thing. That edited footage… is a thing. So it’s not like ‘we found this footage after this kids died’. You can’t deny cars being thrown in the air in Seattle. You saw all those helicopters. The world changed. That’s the end of Chronicle. And things are going to be different now. They can’t possibly cover up what happened.”
While also revealing that director Josh Trank is unlikely to return for the sequel, he does tease the return of Alex Russell as “Matt Garrety”. “I loved Matt, and I felt really bad for him because I understood just how emotionally lazy he is and how he doesn’t really do what he’s doing. And that’s why I’m putting him through hell in (Chronicle) 2.”
The low(er) budgeted Chronicle, which has made nearly $125 million worldwide, was basically a modern/American Akira about three high school friends gain superpowers after making an incredible discovery.