Plans for producing two sequels of the original film were announced by the original film's creator
Dean Devlin at the 2006
San Diego Comic-Con. He has said he is currently in talks with MGM to produce four films and he would like two of them to be the final two films in his envisioned Stargate trilogy. In an interview with
Sci Fi Wire, Devlin says that should the sequels be made, he hopes to enlist
Kurt Russell and
James Spader in the two sequels. Both Russell and Spader have expressed interest, Devlin revealed. "They've always said they wanted to do it. The irony is actually because it was 12 years ago that we made Stargate, [and] part two was actually supposed to take place about 12 years later. We were just going to kind of age them up as actors. So it actually works out really nicely."
These sequels would bypass the 12 years of mythology created by SG-1 and Atlantis if they are produced.
http://en.wikipedia.org/wiki/Stargate#cite_note-newstargatefilmfromorg-10
http://en.wikipedia.org/wiki/Stargate#cite_note-newstargatefilmfromorg-10
In the meantime, Lionsgate remains the major rights holder to the original film; this was due to the fact that its predecessor, Live Entertainment, owned home video rights to the
Carolco Pictures library and had also owned international distribution rights, although Carolco itself was on the brink of bankruptcy when they produced this film.