"As he branches out away from the world of horror, Mike Flanagan offers a cautiously optimistic update for Oculus 2. The 2014 horror movie served as Flanagan's first wide release and an adaptation of his short film Oculus: Chapter 3 – The Man with the Plan, centered on Karen Gillan's Kaylie and Brenton Thwaites' Tim confronting the literal demons of their past in the form of a haunted mirror that led to the deaths of their parents. Garnering largely positive reviews and grossing nine times its budget, the movie was an early step in Flanagan's eventual successful career.

While speaking with Screen Rant for the Toronto International Film Festival premiere of his new movie, The Life of Chuck, Flanagan was asked about the possibility of Oculus 2 happening. The writer/director confirmed he has "a lot of stories" in that universe that he would "love to tell", though indicated that the biggest hurdle facing development on a sequel is determining who owns the rights to the original..."