Warner Bros. and Legendary have set the released date for the next installment of their Godzilla franchise, and that date is June 8th, 2018.
Gareth Edwards will return to direct Godzilla 2 after he is finished with the standalone Star Wars movie that he's currently developing for Lucasfilm.
The last film brought in nearly $500 million dollars, so a sequel was bound to happen. I'm sure we'll see multiple sequels, and there will be plenty of classic monsters for Godzilla to fight.
Legendary also recently announced a King Kong prequel, Skull Island, which will be released in November 2016.