The Michael sequel is no longer just a tease sitting at the end of a blockbuster biopic. Lionsgate told investors and analysts on Thursday that it is actively working on a follow-up to Michael, the hit film about Michael Jackson that closes with the promise, “His Story Continues.” Subtle, as studio hints go.

Adam Fogelson, Lionsgate’s film chief, said during the company’s quarterly earnings call that talks around a second film are moving in the right direction.

“We are really excited about the progress we’re making with respect to a second Michael film,” Fogelson said. “All the conversations that we’ve been having with all of the appropriate parties continue to go exceptionally well.”