Excerpts from the hdroom.com:

Universal Pictures has reignited the Backdraft franchise with Backdraft 2 starring original film actors Donald Sutherland and William Baldwin. Newcomer Joe Anderson as the son of Steven “Bull” McCaffrey, along with Alisha Bailey and Jessamine-Bliss Bell, round out the core cast.

Original film producer Raffaella DeLaurentiis and  writer/former firefighter Gregory Widen have also returned for the sequel that will be helmed by Gonzalo Lopez-Gallego.

Backdraft 2 is a direct-to-video release from Universal 1440 Entertainment. It will be released simultaneously May 14th on Blu-ray, DVD, and Digital.

Universal will also release a Backdraft and Backdraft 2 Blu-ray set the same date. Also strongly rumored per a listing at Amazon is a Backdraft 4K Ultra HD release with a May 7th release date.

Pre-order Backdraft 2 on Blu-ray combo for a discounted price at Amazon.

thanks Ron