January 30, 2009 at 12:00 PM EST

EW spoke to a source close to the Sex and the City movie sequel and learned that the project is getting “Ever closer, every day.” Although none of the four stars — Sarah Jessica Parker, Kim Cattrall, Cynthia Nixon, and Kristin Davis — has signed their deals yet, all are on board to start shooting this summer with a release date set for summer 2010. Likewise, while creator and uber-fast screenwriter Michael Patrick King has yet to complete a script, he apparently does have an idea he wants to pursue. “It’s going to be more comedic, and shorter, than the first,” says the insider. But, in this economy, will it be as centered on the fabulous clothes, shoes, and other expensive accessories? To an extent, yes, because no one wants to mess too much with the SATC brand that is beloved by millions. But there will be care taken to not flaunt the Dolce & Gabbana and Christian Louboutin gear as much as before. And what about Mr. Big? Did he lose all his cash in the stock market? Uh, that would be a no. “There’s still a need for escapism,” the source says.

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‘Sex and the City’ Q&A: Kim Cattrall

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addCredit(“Craig Blankenhorn”)

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