The film, which is titled "That's What I'm Talking About," was fully financed and ready to go as of a couple of years ago, but a number of projects got in the way (additionally, there was a hang-up when it came to distribution). But during the Q&A he said that he was, "Hoping to make it this fall, actually. A college comedy. I feel like mixing it up with a big ensemble."
We had a friend who went to a special "Before Midnight" screening in Los Angeles on Monday and said that Linklater's comments about "That's What I'm Talking About" during the Q&A there were less optimistic. Linklater said that the film is about the first week of college, before any classes actually start, where everyone is just hanging out, getting to know each other, and partying. In other words: it sounds amazing.
The director has said in the past that it's more of a "spiritual" sequel to "Dazed and Confused" than an out-and-out sequel that follows the same characters. Whatever it ends up being, consider us first in line.
EARLIER: Richard Linklater, 'Before Midnight' Director, on 'Bernie,' the 'School of Rock' Musical, and 'Dazed and Confused'