S-VHS is a sequel to VHS, and like the former film is an anthology of found footage horror. Also like the former film, it has been produced in a mixture of different formats, not specifically VHS – the title is there for its nostalgic connotations.
The first film premiered at Sundance last year, the second premieres at Sundance this year, and I think there's a good chance we'll get another next year – though what they'll call it is anybody's guess. VHS Long Play? Hi-8? Pirate VHS? Nothing seems as tidy as these first two titles.
You can see the trailer S-VHS at EW. They don't like to make their videos embeddable.
Amongst the film's directors are Hobo With A Shotgun's Jason Eisener, The Raid's Gareth Evans, Blair Witch's Edúardo Sanchez and You're Next's Adam Wingard.
Thanks to EW for premiering the clip.
Do also note that the original VHS is in UK cinemas from this Friday.