Two years after the terrifying events that occurred in Woodsboro, Sidney is now attending Windsor College in Cincinnati, and Gale Weathers' best selling book on Sidney's life has now been made into a major motion picture. When two college students are killed in a theatre while watching the new film 'Stab', Sidney knows deep down that history is repeating itself.
As they celebrate their high school graduation, four friends are involved in a hit-and-run accident when their car hits and apparently kills a pedestrian on an isolated roadway. They dispose of the body and vow to keep the incident a secret, a year later somebody starts sending them letters bearing the warning "I Know What You Did Last Summer."
Slaking a thirst for dangerous games, Kathryn challenges her stepbrother, Sebastian, to deflower their headmaster's daughter before the summer ends. If he succeeds, the prize is the chance to bed Kathryn. But if he loses, Kathryn will claim his most prized possession.
The Mystery Inc. gang have gone their separate ways and have been apart for two years, until they each receive an invitation to Spooky Island. Not knowing that the others have also been invited, they show up and discover an amusement park that affects young visitors in very strange ways.
