Kevin Smith has decided to make a sequel to Clerks. I seem to recall him saying that this would never happen, so why now? It’s a confidence builder, both for him and Miramax. After the relatively poor performance of Jersey Girl ($10M loss before video), he wants to do something low cost ($5M) and high profit. In other words, a great investment/gift for Miramax.
If this sounds familiar, it should. It’s exactly what he did after Mallrats tanked ($2M gross, $6M budget): make Chasing Amy for $250K, which grossed over $12M.
This might sound harsh, and if you don’t like it, you can read E!’s more subtlely biased version. Smith’s “cranking out” a screenplay? Somehow I doubt that, a-hole.