You can read more about it here
It was well known and published that when Anne Rice heard about Cruise being picked for the role of Lestat (a character based on her late husband Stan), she expressed her dislike but after seeing his performance, took out a full page ad and praised his performance. Anne Rice has stated via her Facebook page that she has no word on who they pick as Lestat this time around in what is expected to be a new franchise. Nothing more has been said of the movie since the May publication of the article.
Currently the next novel in the Vampire Chronicles is due toward the end of November this year, Prince Lestat and the Realms of Atlantis, a direct sequel to Prince Lestat (2014) which in itself was a direct sequel to The Queen of the Damned novel.