Rumors are that the next installment of the Underworld franchise will continue where Underworld 4 left off, which was itself a horrible film, I don’t have much hope for number 5 (read my list of reason I HATED Underworld 4 here)
Directing the fifth installment will be Anna Foerster, the first female director for the series. Most of Foerster’s directorial work is television-based (Madam Secretary, Army Wives, Unforgettable, Criminal Minds)
The film begins production this fall in the Czech Republic capital of Prague which lends Underworld 5 for a late summer (August-September) release in 2016.
And according to Len Wiseman the director of the original film of the franchise a tv series is also in development.