Netflix has announced a sequel to KPop Demon Hunters, the streaming platform's most watched movie of all time.

The sequel marks the first project under co-directors Maggie Kang and Chris Appelhans' new and exclusive multi-year deal with Netflix.

The announcement comes as critics predict that the first film will win at the Oscars on Sunday, where it is has two nominations for best animated feature and best original song.

The song Golden won a Grammy for best song written for visual media - the first time a K-Pop song has won at the prestigious music awards.

The Sony Pictures original follows a K-pop girl group called Huntr/x as they grapple with fame and their secret lives as demon hunters.