The movie "Vampire Academy" did not perform well at the worldwide box office, grossing only $15m against a $30m budget. Nonetheless, director Mark Waters was keen to push ahead with a sequel, entitled "Vampire Academy: Frostbite." Studio Preger Entertainment agreed to fund the film if Waters could get fans to raise $1.5m on their own in proof of their support. This proved to be unsuccessful and no sequel is planned.