Reports suggest that Jenkins will be paid in millions after "Wonder Woman" earned the title of the second biggest movie of 2017.
Movie studio Warner Bros did not comment on the news and has not given any further details on the sequel.
Jenkins reportedly inked a deal in the $8 million range to write, direct and produce the sequel, making her the highest-paid female director of all time, Variety reported.
Having grossed $410 million at the box office domestically and $816 million globally, it's the highest-grossing live-action film directed by a woman.
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Wonder Woman, the fourth film in Warner Bros' current iteration of DC Comics' cinematic franchise, helped boost profits for Warner Bros' parent company Time Warner Inc.
Star Gal Gadot will also reprise her role as the Amazonian warrior in the sequel, which is scheduled to hit theaters in December 2019.
Although Gal Gadot will return as Diana Prince for sure, Patty Jenkins was torn for a while.
Gadot's Wonder Woman will next be seen in November's superhero ensemble movie Justice League, alongside Ben Affleck's Batman and Henry Cavill's Superman.
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